Listed by: Keith Nelson, The Nelson Group
$275,000
●
Condo -
Off Market
72699 Eagle Road #2
Palm Desert, CA 92260
2 Beds
1 Bath
840 Ft²
$1,725
Est. Monthly
$379
HOA / Fees
13.27%
Cap Rate
About This Property
Beautifully Upgraded 2-Bedroom Townhome in Palm Desert. This
charming 2-story townhome offers 2 spacious bedrooms and 1 modern
bathroom, perfectly situated in the desirable Indian Creek Villas
community. Highlights include luxurious LVP plank and plush carpet
flooring, a stylishly upgraded kitchen with stainless steel
appliances, pantry, quartz countertops, and an updated bathroom.
The home features central HVAC, ceiling fans, and an inviting
exposed brick wall that adds character. Enjoy the convenience of a
1-car garage, additional storage, and serene mountain views. The
community amenities include a pool, spa, and lush landscaped
grounds, perfect for relaxing or entertaining. With neutral
interior colors, this home is ready for your personal touch.
Located just minutes from El Paseo, shopping, dining,
entertainment, the Living Desert Zoo, hiking trails, and the
majestic mountains, this property is ideal for first-time buyers or
investors. Low HOA dues make it even more attractive. Don't miss
out on this opportunity to own in a prime Palm Desert location! VA
approved complex and possible FHA spot loan.
Unit Size
840 Ft²
Days on Market
67 days
Land Size
-
Price per sqft
$326
Property Type
Condo
Property Taxes
-
HOA Dues
$379
Year Built
-
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Cap Rate Calculator
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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: 2 years ago (CRMLS #24429405)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Decreased |
$274,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Listed by The Nelson Group | $275,000 | |
| Listed by The Nelson Group | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage
Garage Spaces: 1
Open Parking Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Levels: Two
Interior Features: Breakfast Bar, Ceiling Fans, Separate Formal Dining Room
Appliances: Dishwasher, Microwave, Refrigerator
Flooring Type: Carpet, Laminate, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Common Area, In Garage
None
Exterior Details
Year Built: 1971
Parcel Number: 628222033
Home Type: Residential
Spa Features: Community
Pool Features: Community, Association
Lot Size Source: Assessor
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Amenities: Maintenance Grounds, Pool, Spa Hot Tub
Association Fee: $379
Association Fee Frequency: Monthly
Community Features: Pool
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Subdivision: Indian Creek Villas
Subdivision Name: Indian Creek Villas
Directions: Google maps.
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 |
|---|---|---|---|---|---|---|---|
|
08/19/2024
|
2 Bed
|
1 Bath
|
840 ft²
|
$275,000
2 Bed
1 Bath
840 ft²
|
$275,000
10/25/2024
|
Keith Nelson
The Nelson Group
| |
|
09/05/2023
|
2 Bed
|
1 Bath
|
840 ft²
|
$274,900
2 Bed
1 Bath
840 ft²
|
-
-
|
Randy Steele
Bennion Deville Homes
|
Building Info
About Palm Desert
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$3,500 /mo
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Listed by: Keith Nelson, The Nelson Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24429405
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24429405
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