$760,000
●
House -
Off Market
74529 Lavender Way
Palm Desert, CA 92260
3 Beds
2 Baths,
1
Half Bath
2,599 Ft²
$930,863
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Room to breathe or entertain like a pro in Palm Desert's
sought-after Canyon Crest neighborhood. Walled private courtyard
begins to tell the story of this beautiful offering and its smart
open floor plan. Just past the front entry, double doors lead to
home office currently used as a fourth bedroom. Lots of light,
handsome bookshelves, plantation shutters, and gas fireplace are
welcome additions to the Great Room. Island-style kitchen is a
destination featuring designer concrete counters and cabinets
galore. Ensuite master bedroom is positioned away from guest rooms
#2 and #3 and features access to pool area. Master bath enjoys
jetted tub and spacious walk-in shower with floor to ceiling marble
tile. Saltwater pool & spa with spillway plays well with the
covered patio area and overhead misters. Desert landscaping is
beautiful yet easy to maintain. Owned solar panels are another
plus. RV Parking. No HOA. Perfect primary residence or vacation
home just minutes away from El Paseo!
Unit Size
2,599 Ft²
Days on Market
128 days
Land Size
0.18 acres
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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: 12 months ago (CRMLS #219061156PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 2, 2021 | Sold | ||
| Sold | |||
| Apr 27, 2021 | Listed by Keller Williams Luxury Homes | $820,000 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
Room to breathe or entertain like a pro in Palm Desert's sought-after Canyon Crest neighborhood. Walled private courtyard begins to tell the story of this beautiful offering and its smart open floor plan. Just past the front entry, double doors lead to home office currently used as a fourth bedroom. Lots of light, handsome bookshelves, plantation shutters, and gas fireplace are welcome additions to the Great Room. Island-style kitchen is a destination featuring designer concrete counters and cabinets galore. Ensuite master bedroom is positioned away from guest rooms #2 and #3 and features access to pool area. Master bath enjoys jetted tub and spacious walk-in shower with floor to ceiling marble tile. Saltwater pool & spa with spillway plays well with the covered patio area and overhead misters. Desert landscaping is beautiful yet easy to maintain. Owned solar panels are another plus. RV Parking. No HOA. Perfect primary residence or vacation home just minutes away from El Paseo!
| |||
| Nov 4, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | No longer available | - | |
| No longer available | |||
| Sep 26, 2019 | Listed by Keller Williams Luxury Homes | $549,000 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
Welcome home to Canyon Crest in Palm Desert. This light & bright, south facing home is meticulous & features many upgrades including an owned solar system for great savings. The chef's kitchen with gorgeous custom concrete counters, tile floors, stainless appliances & loads of storage, opens up to the great room w/fireplace & dining area. All have views of the saltwater pool & spa, where your friends & family will enjoy relaxing while firing up the grill, having a swim, & enjoying the sunsets. The outdoor area also features easy to care for landscaping, citrus trees, an 18' awning, misters & a nice sized patio for outdoor dining. Inside, the master suite is spacious & leads to the spa-like bath with custom marble work & a large walk-in closet. The 2 guest rooms are just the right size. Perfect primary residence, vacation home or investment property. Close to world-class golf, tennis, shopping, dining, hiking, biking, theater, & all that the desert has to offer. No HOA's & RV parking!
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
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 Palm Desert
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,600 /mo
- 3 Beds
- 2 Baths
- 1,821 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,921 ft²
Listed by: Brady Sandahl, Keller Williams Luxury Homes
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 219061156PS
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 219061156PS
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