Listed by: Gregory Manns, HomeSmart
$130,000
●
Mobile Manufactured -
Off Market
73355 Linda Circle
Palm Desert, CA 92260
2 Beds
2 Baths
1,440 Ft²
$251,209
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Superb interior location on this 2 Bedroom 2 Bath home sits on an a
desirable over-sized lot with garage on a quiet cul-de-sac in the
heart of the park. Truly must see this partially furnished beauty
which boasts a light and bright kitchen with newer appliances and
overlooks the family room with a double-pane slider to enormous
entertainer's covered patio. The washer,dryer, and golf cart are
all included. Nice storage area by garage with tons of parking. Low
HOA dues of $260.00, plus 24/7 security, executive 18 hole golf,
tennis, well equipped exercise center, shuffle board, billiard
room, 3 pools, clubhouse and restaurant. Palm Desert Greens is a
senior community and one occupant must be 55+ or older.
Unit Size
1,440 Ft²
Days on Market
165 days
Land Size
0.11 acres
Price per sqft
$103
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$260
Year Built
1977
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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 #216004072DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2024 | No longer available | - | |
| No longer available | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Price Decreased |
$285,000
↓ $35K
(10.9%) | |
| Price Decreased | |||
| Mar 13, 2024 | Price Decreased |
$319,900
↓ $60K
(15.8%) | |
| Price Decreased | |||
| Mar 1, 2024 | Price Decreased |
$379,900
↓ $20K
(5%) | |
| Price Decreased | |||
Show More
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Palm Desert
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Listed by: Gregory Manns, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216004072DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216004072DA
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