$712,600
●
House -
Off Market
75945 Nelson Lane
Palm Desert, CA 92211
4 Beds
3 Baths
2,707 Ft²
$986,210
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Welcome to the beautiful community of Sunterrace . This
prestigious, gated community is a hidden jewel in Palm Desert. This
is the only truly custom built home on one of the largest lot in
Sunterrace. It boasts of solid wood double door entry, wood
beamed living room, custom finishes, open chef kitchen, 2 separate
newer AC/ heating units, large master suite with an adobe gas
fireplace with views of the luscious private backyard, pool, and
patio. The pool and spa feature new pebble tech finishes with
3 water fountains. The oversized patio is outdoor living at
its finest. The patio features 2 separate sitting areas, a
gas fireplace to cozy up to, and a built in BBQ for entertaining.
The 3 car garage has built in storage cabinets. Located
minutes away from El Paseo shopping and dining, the McCallum
Theatre, and golf access at Indian Ridge Country Club. Come
see this beautiful property and get ready to enjoy all the
lifestyle amenities that the Desert has to offer.
Unit Size
2,707 Ft²
Days on Market
188 days
Land Size
0.24 acres
Price per sqft
$266
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
2003
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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: 5 months ago (CRMLS #219039018DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2020 | Sold | ||
| Sold | |||
| May 27, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $720,000 | |
| Listed | |||
| | |||
|
Welcome to the beautiful community of Sunterrace . This prestigious, gated community is a hidden jewel in Palm Desert. This is the only truly custom built home on one of the largest lot in Sunterrace. It boasts of solid wood double door entry, wood beamed living room, custom finishes, open chef kitchen, 2 separate newer AC/ heating units, large master suite with an adobe gas fireplace with views of the luscious private backyard, pool, and patio. The pool and spa feature new pebble tech finishes with 3 water fountains. The oversized patio is outdoor living at its finest. The patio features 2 separate sitting areas, a gas fireplace to cozy up to, and a built in BBQ for entertaining. The 3 car garage has built in storage cabinets. Located minutes away from El Paseo shopping and dining, the McCallum Theatre, and golf access at Indian Ridge Country Club. Come see this beautiful property and get ready to enjoy all the lifestyle amenities that the Desert has to offer. The manager has listed the unit size as 2707 square feet.
| |||
| Feb 14, 2020 | Listed by HK Lane Real Estate | $720,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
|
Welcome to the beautiful community of Sunterrace . This prestigious, gated community is a hidden jewel in Palm Desert. This is the only truly custom built home on one of the largest lot in Sunterrace. It boasts of solid wood double door entry, wood beamed living room, custom finishes, open chef kitchen, 2 separate newer AC/ heating units, large master suite with an adobe gas fireplace with views of the luscious private backyard, pool, and patio. The pool and spa feature new pebble tech finishes with 3 water fountains. The oversized patio is outdoor living at its finest. The patio features 2 separate sitting areas, a gas fireplace to cozy up to, and a built in BBQ for entertaining. The 3 car garage has built in storage cabinets. Located minutes away from El Paseo shopping and dining, the McCallum Theatre, and golf access at Indian Ridge Country Club. Come see this beautiful property and get ready to enjoy all the lifestyle amenities that the Desert has to offer.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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
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Listed by: Cristie Bateman, HK Lane Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219039018DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219039018DA
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