Listed by: Jeffrey Wysard, Keller Williams Realty
$435,000
●
House -
Off Market
78020 Ravencrest Circle
Palm Desert, CA 92211
3 Beds
3 Baths,
1
Half Bath
2,029 Ft²
$758,674
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Privacy and Views! A unique Sun City property! Large, private
cul-de-sac lot, with greenbelt frontage and spectacular mountain
views. This popular Emerald plan features lots of natural light
throughout, with coffered ceilings in the living and dining rooms,
skylights in the kitchen and bathrooms, and a bay window in the
master bedroom. The 3rd bedroom, located off the kitchen, makes for
an ideal office. Entertainment is a breeze, with a chef's kitchen
that includes granite counters, a marble-topped island, farmhouse
sink, Fisher & Paykel double-drawer dishwasher, and brand new
stainless steel built-in oven and microwave. There's even an
outdoor kitchen! The large (quarter acre) lot offers abundant
outdoor living area, while desert scape and artificial turf allow
for ease of maintenance and water savings. If you're looking for a
property that stands apart from the typical Sun City residence -
this is the one!
Unit Size
2,029 Ft²
Days on Market
67 days
Land Size
0.25 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
$280
Year Built
1994
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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 #216024198DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2016 | Sold | ||
| Sold | |||
| Aug 22, 2016 | Listed by Keller Williams Realty | $449,900 | |
| Listed by Keller Williams Realty | |||
| Jan 21, 2016 | Sold | ||
| Sold | |||
| Nov 1, 2015 | Listed by Keller Williams Realty | $459,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Outdoor living at its best! A unique Sun City property! Large, private cul-de-sac lot, with greenbelt frontage and spectacular mountain views. This popular Emerald plan features lots of natural light throughout, with coffered ceilings in the living and dining rooms, skylights in the kitchen and bathrooms, and a bay window in the master bedroom. The 3rd bedroom, located off the kitchen, makes for an ideal office. Entertainment is a breeze, with a chef's kitchen that includes granite counters, a marble-topped island, farmhouse sink and a Fisher & Paykel double-drawer dishwasher. There's even an outdoor kitchen! The large (quarter acre) lot offers abundant outdoor living area, while desert scape and artificial turf allow for ease of maintenance and water savings. If you're looking for a property that stands apart from the typical Sun City residence - this is the one!
| |||
Property Highlights
Garage
Air Conditioning
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 Desert Palms
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Listed by: Jeffrey Wysard, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216024198DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216024198DA
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