Listed by: Kelly Schufelt, Desert Sands Realty
$865,000
●
House -
Off Market
74785 Del Coronado Drive
Palm Desert, CA 92260
3 Beds
3 Baths
3,029 Ft²
$876,854
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Opportunity knocks! Custom single-story 3bedroom, 3bath, pool home,
corner lot located in desirable South Palm Desert!! Property
features an Amazing great room with fireplace, high ceilings, open
floor-plan. Huge master suite with nice separation from the other
two guest suites for privacy. Great entertaining backyard
with pool, spa & two separate patio areas. Make this your own
masterpiece! Close proximity to famous El Paseo where you can
enjoy shopping and dining! No hoa's. Call today1
Unit Size
3,029 Ft²
Days on Market
48 days
Land Size
0.27 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #219075326DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2023 | No longer available | - | |
| No longer available | |||
| Jul 13, 2023 | In contract | - | |
| In contract | |||
| Jun 1, 2023 | Listed by Fathom Realty Group | $1,649,999 | |
| Listed by Fathom Realty Group | |||
| | |||
|
Majestic mountain views from this newly remodeled home located in prestigious South Palm Desert. This spectacular home boasts soaring ceilings, huge great room, tile floors and a gourmet kitchen featuring floor to ceiling, custom kitchen cabinets, quartz countertops, wine fridge and an autograph Edition 48' 6.0 cu. ft 7 burner, dual fuel range. Spacious master bedroom with a huge boutique, walk in closet, gorgeous master bath with free standing tub and huge walk in, custom tiled shower. Two large guest bedrooms and custom guest baths. Fabulous outdoor living spaces featuring a gorgeous, private back yard with newly remodeled salt water pool/spa and a custom built in BBQ perfect for all your entertaining needs, situated on a large corner lot fully walled and private and no HOAs. Walking distance to shops and restaurants on world famous El Paseo hurry this amazing home won't last. The manager has listed the unit size as 3029 square feet.
| |||
| May 27, 2023 | No longer available | - | |
| No longer available | |||
| Apr 30, 2023 | Price Decreased |
$1,675,000
↓ $25K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Desert
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Listed by: Kelly Schufelt, Desert Sands Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075326DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075326DA
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