Listed by: Michael Spanier, Bennion Deville Homes
$1,240,000
●
House -
Off Market
73753 Agave Lane
Palm Desert, CA 92260
3 Beds
3 Baths,
1
Half Bath
3,013 Ft²
$1,214,418
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Architecturally interesting custom-built home in Ironwood Heights
with skylights, arches and angles. South facing with dramatic
mountain views. Outstanding remodeled kitchen, walk-in
pantry, generous size kitchen eating area that gets the morning
sun. High ceilings, formal dining and bar area for gracious
entertaining. Third bedroom has a built-in desk for the home
office. Large main bedroom has a large cedar lined walk-in
closet. Tub and shower in main bath. There is a Pebble Tech
Swimming pool with spa with updated equipment, adjacent to large
patio with an awning. Newer paver stones at entry, side and
pool area. There are lots of upgrades including surround sound
speakers, newer Anderson sliders, and newer garage door. newer
exterior paint and redone desert landscaping. Home is in excellent
condition and well kept. Offered partially furnished as per
inventory list. 2 car attached garage with epoxy floor, plus
a golf cart garage, and extra storage. Ironwood Heights is
one of the associations in Ironwood. The low HO dues include
TV and internet service and security. Gated entry across from the
main gate. Just a short golf cart ride away from the 2 golf
courses and fitness center. Golf and tennis/fitness/social
membership are separate. Low homeowner's dues. Seller
may need a short rent back.
Unit Size
3,013 Ft²
Days on Market
43 days
Land Size
0.25 acres
Price per sqft
$398
Property Type
House
Property Taxes
-
HOA Dues
$239
Year Built
1983
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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 #219074621DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Feb 28, 2022 | Listed by Bennion Deville Homes | $1,198,000 | |
| Listed by Bennion Deville Homes | |||
| May 5, 2020 | No longer available | - | |
| No longer available | |||
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Listed | $838,800 | |
| Listed | |||
| | |||
|
Architecturally interesting custom home at this price point. Offered Furnished. Soaring high ceilings and architect designed features with curved arches and angles. You will feel the continuity the moment you step inside. South facing with view of the mountains, private Pebble Tech pool and spa with newer equipment. Newer paver stone patio. The newer kitchen with center island cook top has been redone comparable to today's standards. Luxurious Master suite with cedar lined closet. The Living room has a step down bar for gracious entertaining. There are lots of upgrades including new garage door, new Anderson sliding doors, new exterior paint, newer desert landscaping and lighting. The garage has an epoxy floor and a walk-in storage room or workshop area. There is a surround sound sys. Ironwood Heights offers single family homes with reasonably low Homeowner's dues while a part of Ironwood Country Club that offers security from the main gate. There are electronic sensors near the perimeter walls for added security. Just a short golf cart ride to Ironwood C.C.'s 2 beautiful golf courses. 2 car + Golf cart garage. Memberships are available for golf, fitness and dining. The manager has listed the unit size as 3013 square feet.
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Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
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ft²
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About Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 2 Beds
- 2 Baths
- 1,502 ft²
$6,300 /mo
- 3 Beds
- 1 Bath
- 2,078 ft²
Listed by: Michael Spanier, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219074621DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219074621DA
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