Listed by: Randy Steele, Bennion Deville Homes
$275,000
●
Condo -
Off Market
72653 Eagle Road #4
Palm Desert, CA 92260
2 Beds
1 Bath
924 Ft²
$1,754
Est. Monthly
$379
HOA / Fees
12.65%
Cap Rate
About This Property
This updated second floor unit is ready for move-in. As you
ascend the exterior stairs, you have a nice balcony area with view
of the Santa Rosa Mtn. Foothills. The 2 Bedroom / 1 Bath
condo boasts 924 sf with wood laminate flooring and tile in Dining
area and Kitchen. It has dual pane windows and is light and
bright with a full array of appliances in the kitchen which include
Refrigerator, Stove, M/W and D/W!! It also has granite tile
counters and a Large Walk-in Pantry. The hall leads to both
bedrooms with curtains and ample closet space. The bath has
updated shower over tub. This unit comes with an enclosed
secure parking spot in a shared garage. Also there is shared
laundry onsite for owner/resident convenience. Our Community
has two pools and spas and adjacent hiking trailheads. Close
to all Central Valley Shopping at The Shops in Palm Desert, El
Paseo and also close to The College of the Desert and The Living
Desert. Easy Freeway access on Monterey Ave. Come and
check this great quiet location, lower monthly HOA of Just
$379.00/Mo. which includes EQ Ins. Make an OFFER!!
Unit Size
924 Ft²
Days on Market
46 days
Land Size
0.02 acres
Price per sqft
$303
Property Type
Condo
Property Taxes
-
HOA Dues
$379
Year Built
-
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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: 3 years ago (CRMLS #219109496DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Bennion Deville Homes | $279,900 | |
| Listed by Bennion Deville Homes | |||
| Mar 31, 2016 | Sold | ||
| Sold | |||
| Feb 17, 2016 | Listed by Bennion Deville Homes | $118,990 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
The walkup style units here at Indian Creek Villas have two bedrooms & one bath located all on one level with the largest floor plan of 924sf. The fully tiled living room has spacious area for entertaining. The dining room and kitchen flooring is also tile. The kitchen appliances include a Refrigerator, Stove and along with the open sharing floor plan lets hosts and guests enjoy each other's company. The counter bar is great for a quick morning breakfast or enjoying the cook's company when dinner is being prepared. The Full bath with Shower/Tub combo is great for easier bathing or showering. There is a hall closet and separate linen closet near the bathroom. The light & bright bedrooms are also tiled and offer generous closet space and a quiet retreat from other rooms in the unit. The walkup units have an entry balcony which could host an outdoor BBQ grill or furniture suited for patio views and enjoyment. Close to shopping, COD, Hiking Trails & Easy Freeway access N on Monterey Ave!!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Driveway, On Street
Garage Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Interior Features: Breakfast Bar, Separate Formal Dining Room, All Bedrooms Up, Walk In Pantry
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan
Flooring Type: Laminate
Living Area Square Feet Source: Assessor
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1971
Parcel Number: 628232050
Home Type: Residential
Foundation Details: Slab
Roof: Composition, Shingle
Window Features: Drapes
Construction Materials: Stucco
Outdoor Living Structures: Deck
Spa Features: Community, Gunite, In Ground
Private Pool
Pool Features: Gunite, Electric Heat, In Ground
Lot Size Source: Assessor
Lot Size Acres: 0.0222
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
Association Fee Includes: EarthquakeInsurance
Association Amenities: Management, Trash, Water
Association Fee: $379
Association Fee Frequency: Monthly
Subdivision: Indian Creek Villas
Subdivision Name: Indian Creek Villas
Directions: Up Hwy 74 past El Paseo, 2nd Light is Shadow Mtn, on more street, turn right on Bursera and then left on Eagle, around the curve, bldg is 2nd from the end on the upper side of the street, no signage, walkup stairs to right walkway, look for stairs Cross Street: Edgehill Dr.
Other Details
Listing Terms: Cash, CashToNewLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/04/2024
|
2 Bed
|
1 Bath
|
924 ft²
|
$279,900
2 Bed
1 Bath
924 ft²
|
$275,000
-1.75%
05/20/2024
|
Randy Steele
Bennion Deville Homes
| |
|
04/04/2024
| |
2 Bed
|
1 Bath
|
924 ft²
|
$279,900
2 Bed
1 Bath
924 ft²
|
-
-
|
Randy Steele
Bennion Deville Homes
|
|
02/17/2016
|
2 Bed
|
1 Bath
|
924 ft²
|
$118,990
2 Bed
1 Bath
924 ft²
|
$116,000
-2.51%
03/31/2016
|
Randy Steele
Bennion Deville Homes
| |
|
09/26/2014
|
2 Bed
|
1 Bath
|
810 ft²
|
$118,990
2 Bed
1 Bath
810 ft²
|
$112,500
-5.45%
12/31/2014
|
Randy Steele
Bennion Deville Homes
|
Building Info
About Palm Desert
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Listed by: Randy Steele, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219109496DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219109496DA
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