$850,000
●
House -
Off Market
71440 Oasis Trail
Palm Desert, CA 92260
2 Beds
2 Baths,
1
Half Bath
3,096 Ft²
$1,389,631
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Quail Run Ranch...Top of the world views, just minutes from El
Paseo! Seller has existing plans for a 2 bedroom + 3 car garage
addition to the main house - Call us for details! Amazing views!
Stone Eagle golf course to the north, Federal land behind, Bighorn
Golf Club to the south & valley lights in front of you! Easy care,
this 2-acre estate features a variety of cacti & citrus, banana &
almond trees. Perfect for entertaining, the upstairs veranda wraps
around the home. Living/dining rooms & kitchen all open out to
veranda & share the same incredible views. Kiva wood-burning
fireplaces in kitchen & living room, Pergo floors & freshly painted
interior The approx. 3,096 sq.ft. main house features a ramp from
upstairs living areas to downstairs master suite. Just off main
house is detached casita - perfect for workout room or art studio.
A separate 1 bd/1 ba Casita with Kitchen is perfect for your
guests! (Casitas not included in 3,096 sq.ft. of home).
Unit Size
3,096 Ft²
Days on Market
465 days
Land Size
2.00 acres
Price per sqft
$300
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #217030562DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 5, 2021 | Sold | ||
| Sold | |||
| May 31, 2021 | Listed by HK Lane Real Estate | $1,690,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
|
Welcome to 71440 Oasis Trail at Quail Run Ranch.... top of the valley views just minutes away from El Paseo! Seller has completed plans for a 6000 square foot garage auto and RV with front wrap around terrace, additional master suite with sitting area, wet bar and spa retreat bathroom. This 2 acre estate is newly surrounded and enclosed by a 6 foot block wall and custom private automatic entry gate. Spectacular 360 degree panoramic mountain/valley and golf course views. Stone Eagle golf course to the north, Federal land behind, Bighorn Golf Club to the south + Valley lights in front of you! Home currently features: 3,096 square feet in the main residence, upper level features open formal living room with fireplace, dining room, guest bath, gorgeous Pergo flooring through out, chef style kitchen boasts large walk in pantry, stunning stainless steel VIKING appliances +Kiva wood burning fireplace perfect for wood fired pizza's! Entire top floor opens out to wrap veranda and experience priceless views whichever way you look. Hall ramp leads to downstairs master suite with spectacular views as well. A separate guest home/casita displays a full kitchen, living /bedroom combo and bathroom. Perfect for guests or your own personal fitness center or large art studio! Casita footage is not included in home footage, to be verified by buyer. Don't miss out on this one of a kind property, it wont' last long!
| |||
| Mar 8, 2019 | Sold | ||
| Sold | |||
| Nov 28, 2017 | Listed by HK Lane Real Estate | $929,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Riverside
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$9,250 /mo
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$6,950 /mo
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Listed by: Terri Munselle, HK Lane Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217030562DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217030562DA
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