$505,000
●
House -
Off Market
77419 Michigan Drive
Palm Desert, CA 92211
3 Beds
2 Baths
1,831 Ft²
$2,505
Est. Monthly
About This Property
Welcome to this well-maintained 3-bedroom, 2-bathroom home on a
6,534 sq. ft. lot with mountain and golf course views. Offering
1,831 sq. ft. of functional living space, this home features a
spacious primary bedroom with new carpet, his-and-hers walk-in
closets, and an oversized en-suite bathroom, while the kitchen
includes stainless steel appliances, a new sink faucet, and a cozy
breakfast nook. Recent upgrades such as a new AC, furnace, and
water heater, along with fresh paint, and new blinds throughout,
add value and comfort. The guest bathroom has been refreshed with a
new shower frame, and a new sink faucet. The living room offers a
gas fireplace and Spanish tile flooring for a warm, inviting feel.
Step outside to enjoy the fenced yard and freshly painted pergola,
ideal for relaxing or entertaining. Additional features include a
dedicated laundry room and a two-car garage, making this home
move-in ready and waiting for you. Schedule a tour today!
Unit Size
1,831 Ft²
Days on Market
130 days
Land Size
0.15 acres
Price per sqft
$279
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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: 7 months ago (CRMLS #219120340DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by eXp Realty Of Southern California Inc | $510,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
Property Highlights
Parking Available
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Desert
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Listed by: Shane Reynolds, eXp Realty Of Southern California Inc
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 219120340DA
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 219120340DA
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