Listed by: Richard Welty, Tarbell REALTORS
$280,000
●
House -
Off Market
72790 Arboleda Drive
Palm Desert, CA 92260
3 Beds
2 Baths
1,300 Ft²
$531,363
RealtyHop Estimate
86.44%
Since Feb 1, 2015
National-US
Primary Model
About This Property
Check out the size of this lot! This property has something for
everybody. Invite friends over to enjoy your sparkling pool and spa
and incredible backyard. Enjoy the Palm Desert 4th of July
fireworks from your own front yard! This home has a detached garage
with built in storage and a separate covered workshop with its own
storage...bring on the projects! Plenty of room for RV parking.
Home has 3 bedrooms and 2 baths. Cook up fruits and vegetables from
your very own garden in the recently renovated kitchen. Beautiful
home in a great neighborhood in central Palm Desert. Close to
everything! No HOA's!
Unit Size
1,300 Ft²
Days on Market
139 days
Land Size
0.28 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #214081749DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2021 | Sold | ||
| Sold | |||
| Jun 5, 2021 | Listed by HomeSmart | $575,000 | |
| Listed by HomeSmart | |||
| | |||
|
Finish this to make it uniquely yours. To date, the home has new copper plumbing, four-year-old HVAC system with new ducting, dedicated laundry room, four new skylights, most interior wiring replaced, new pool tile & heater. The main bathroom remodel is well underway with dual vanity & full shower. The hard work has been done for you. Now add your finishing touches of flooring, second bath remodel, some drywall completion. The front of the home has been updated with new stucco & paint. A new RV gate was just completed and, yes you can park an RV on the side. The lot is large enough to expand the home in front & back or build a Casita in the back. Enjoy beautiful Southern and Western Mountain views from the backyard. Your refreshing pool and spa are waiting for you to enjoy year-round. The front and backyards are ready for your landscape design and completion. An amazing opportunity to own in one of the most walkable neighborhoods in Palm Desert. This home is a short walk to Trader Joe's, Whole Foods, Nordstrom Rack, Westfield Mall and countless restaurants & shopping on El Paseo. College of the Desert is a 5-10 min walk as well. The home has been priced to allow completion.
| |||
| Jan 12, 2015 | Sold | ||
| Sold | |||
| Aug 5, 2014 | Listed by Tarbell REALTORS | $285,000 | |
| Listed by Tarbell REALTORS | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Palm Dell Estates
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Listed by: Richard Welty, Tarbell REALTORS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214081749DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214081749DA
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