Listed by: Brady Sandahl, Keller Williams Luxury Homes
$1,525,000
●
House -
Off Market
74259 Old Prospector Trail
Palm Desert, CA 92260
3 Beds
4 Baths,
1
Half Bath
2,462 Ft²
$1,515,488
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
SHOWSTOPPER in South Palm Desert! Imagine sunny days UNDER the
FABULOUS poolside pavilion. Outdoor kitchen, bar + barbecue! An
outdoor shower hides just around the corner. Butterfly roofline is
a nod to this home's 1950's roots. Take note of just how smoothly
living areas open to pool + spa. Billiard room and casita enjoy the
same effortless flow. Island-centric chef's kitchen is flawless.
Clean lines + modern finishes. Nearby French doors open to a
courtyard. Outdoor fireplace + adjacent dining area play nicely
together on the front patio. Mountain views too! The two-room
casita's current configuration is living room / kitchenette on one
side and a bedroom on the other. Two bedrooms are an option. Jack &
Jill bathroom in the mix. Back in the main house, En suite master
enjoys a nice separation from guest rooms on the other end of the
home. One of these rooms is used as a home office while en suite
guest suite opens to the courtyard. 48 solar panels in place works
for us! Meanwhile, El Paseo's celebrated shopping + dining is a
short hop away. Or maybe it's golf at Marrakesh CC or The Vintage?
This South Palm Desert neighborhood is popular with walkers and
joggers alike. The good life indeed. Enjoy it all!
Unit Size
2,462 Ft²
Days on Market
31 days
Land Size
0.25 acres
Price per sqft
$607
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #219075031PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Mar 7, 2022 | Listed by Keller Williams Luxury Homes | $1,495,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Deep Canyon Ranch
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Listed by: Brady Sandahl, Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075031PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075031PS
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