Listed by: Dawn Anderson, Midas Realty Group
$511,000
●
House -
Off Market
77815 Villa Road
Palm Desert, CA 92211
3 Beds
2 Baths
1,535 Ft²
$2,660
Est. Monthly
$150
HOA / Fees
13.74%
Cap Rate
About This Property
Exclusive location in gated community. One of only a few
homes that back up directly to golf course with spectacular view
from backyard patio. Steps away from community pool, enjoy
mountain and golf course views from your private oasis. Home
has a recent remodel and fresh, neutral paint throughout.
Newer Seer 14 HVAC (one of most energy efficient units available!).
Stainless steel kitchen appliances (only 3 years old) are all
included. Upgraded wood shutters on all windows, modern
ceiling fans with remotes, recessed LED lighting in bedrooms and
private 2 car garage with lots of storage. Irrigation system
in front and rear, plenty of room for BBQ's and outdoor dining.
Low, low HOA dues include gated community, Tennis courts,
basketball courts, 2 pools, and community clubhouse that can be
rented for private parties. Located near 10 freeway for easy
commute, and close to shopping, entertainment, and restaurants.
Unit Size
1,535 Ft²
Days on Market
53 days
Land Size
0.11 acres
Price per sqft
$333
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
1994
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Cap Rate Calculator
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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 #OC24196922)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $511,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 22, 2024 | Listed by Midas Realty Group | $511,000 | |
| Listed by Midas Realty Group | |||
Property Highlights
Garage
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
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Listed by: Dawn Anderson, Midas Realty Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24196922
Last Updated: 2 years ago
Data Source: CRMLS, MLS# OC24196922
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