Listed by: Will Cook, Bennion Deville Homes
$249,500
●
House -
Off Market
74555 Falcon Lane
Palm Desert, CA 92260
3 Beds
2 Baths
1,477 Ft²
$421,216
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Located on a corner lot on a cul-de-sac, this Newer (built in
2007), Spacious 3BR/2Bath Home Features an Open floor plan and
great separation of Bedrooms. The Master Bedroom boasts an en-suite
bath with dual vanities and huge walk in closet. Enjoy entertaining
in your open concept kitchen with granite counter tops, gas cooking
and a breakfast bar perfect for visiting guests or feeding the
kids! A covered rear patio and fenced yard creates a nice space to
relax outside. Built with energy efficiency in mind, this home has
Low-E dual pane windows, R-30 attic and R-19 wall insulation, plus
an owned Solar System! The home also includes Indoor laundry and an
attached 2 car garage. Fresh paint, new carpet, Washer/Dryer and
Fridge included! Great central Palm Desert location close to
everything! Don't miss out - make your appointment to see this
amazing home today!
Unit Size
1,477 Ft²
Days on Market
35 days
Land Size
0.14 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
$89
Year Built
2007
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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 #216022064DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2016 | Sold | ||
| Sold | |||
| Jul 28, 2016 | Listed by Bennion Deville Homes | $249,500 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Garage
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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Listed On
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Sold On
HOA + Taxes
About Palm Desert
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Listed by: Will Cook, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216022064DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216022064DA
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