$870,000
●
House -
Off Market
77855 Delaware Place
Palm Desert, CA 92211
5 Beds
2 Baths,
1
Half Bath
3,906 Ft²
$1,336,500
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
The opportunity to own this desirable 1-ACRE south facing estate
with NO HOA, near the end of a quiet cul-de-sac surrounded by
custom homes is NOW! This impressive open Santa Fe Contemporary
design, is made to entertain. Ultimate private retreat, mature-lush
landscaped grounds, flowers, and trees surrounding the elevated spa
with waterfall features into the expansive sparkling pool.
Unit Size
3,906 Ft²
Days on Market
47 days
Land Size
1.02 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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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: 4 months ago (CRMLS #218019974DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2018 | Sold | ||
| Sold | |||
| Jul 14, 2018 | Listed by Berkshire Hathaway HomeServices California Properties | $883,500 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Jul 29, 2017 | Listed | $879,000 | |
| Listed | |||
| | |||
|
JUST REDUCED! South facing 1.02 Acre in Palm Desert just north of the World renowned Indian Wells Tennis Garden! Tastefully updated Custom built in 1997 home with 5 bedrooms and 3.5 baths. Wide open floor plan with ceramic flooring through out main living areas. Custom cabinetry. Large pool(20 x 45) with diving board. Lovely elevated spa with waterfall to pool! Large covered patio with outdoor living area with South facing views of Mountains. Secluded estate with ultimate privacy. Located in a non-gated community, No HOA, near the end of a quiet street surrounded by other custom homes on 1+ acre parcels. Furnishings negotiable. 3 car garage. Room to expand, build an art studio, man cave, golf course, tennis courts, guest house...let your imagination run wild! Hurry as 1 acre lots are hard to come by under a million! Note-while viewing Street view on google earth, the big truck & cars on the street where there because the neighbor was in the process of a reno & installing tennis courts!The manager has listed the unit size as 3906 square feet.
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Palm Desert
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Currently no similar homes aroundNearby Rentals
Listed by: Heather Partida, Berkshire Hathaway HomeServices California Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218019974DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218019974DA
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