Listed by: Elaine Leib, Bennion Deville Homes
$475,000
●
House -
Off Market
78098 Larbrook Drive
Palm Desert, CA 92211
3 Beds
3 Baths
2,185 Ft²
$592,822
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Beautiful curb appeal! Expanded Emerald Estate Model with a gated
front courtyard. Glass front double door entrance! 12-foot coffered
ceiling with up lights! Massive formal living and dining! Great
room, kitchen breakfast nook, media wall! Island kitchen has
pullout shelves, pantry, island vegetable sink, breakfast bar and
skylight! Master suite is luxurious with a bay window sitting area!
Master bath has dual vanities, separate tub and shower and large
walk-in closet! One guest room has been extended with French doors
to the courtyard! Second guest suite has built-in storage in the
closet! Laundry room has cabinetry and countertops and utility
sink! The massive patio is terrific for entertaining! Two car
garage plus golf cart garage with storage!
Unit Size
2,185 Ft²
Days on Market
97 days
Land Size
0.17 acres
Price per sqft
$261
Property Type
House
Property Taxes
-
HOA Dues
$336
Year Built
1996
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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: 3 years ago (CRMLS #219080478DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2022 | Sold | ||
| Sold | |||
| Jun 14, 2022 | Listed by Bennion Deville Homes | $570,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Desert Palms
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Listed by: Elaine Leib, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080478DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080478DA
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