Listed by: Steven Karash, Equity Union
$625,000
●
House -
Off Market
78140 Larbrook Drive
Palm Desert, CA 92211
3 Beds
3 Baths
2,274 Ft²
$3,541
Est. Monthly
$349
HOA / Fees
9.51%
Cap Rate
About This Property
Beautiful and highly sought after Emerald Floor plan has a
pebble tec salt water pool, spa, and waterfall. (pool control by
app Aqualink) This 2,274 sq ft home has 3 (extended)
bedrooms, 3 bathrooms, tile floors, carpeted bedrooms, shutters,
and a dramatic coffer ceiling foyer. Great room, chef's
kitchen has new microwave, new Hansgrove faucets, and many
pull out cabinets. Large adjacent den for entertaining off the
kitchen .The primary bedroom has bay windows, a walk in closet,
and a large bathroom. Second bedroom is en suite bath, and
the 3rd bedroom is built for your private office! Double car
golf cart garage has plenty of cabinet space. This is truly a
wonderful home with beautiful curb appeal and ready to move in!
Unit Size
2,274 Ft²
Days on Market
165 days
Land Size
0.17 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$349
Year Built
1995
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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 #219109673DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Apr 2, 2024 | Listed by Equity Union | $649,900 | |
| Listed by Equity Union | |||
| Nov 21, 2021 | No longer available | - | |
| No longer available | |||
| Oct 29, 2021 | In contract | - | |
| In contract | |||
| Oct 27, 2021 | Listed by HomeSmart Professionals | $639,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
Welcome to Sun City Palm Desert, premier 55+ guard-gated adult community. Highly-desired extended Emerald Model w/tranquil pool/spa is move-in ready w/fresh paint throughout. Abundant light fills this spacious, 1-story 2,274 sqft, 3 bed/3 bath which boasts an expansive floor plan w/4 skylights. Nice curb appeal, gated courtyard & 3-tiered fountain bring you to stunning leaded double doors. Tile floors in main living space w/plush carpeted bedrooms & shutters on most windows. Dramatic 12-foot coffered-ceiling foyer w/up-lighting leads to expanded living room, gorgeous leaded glass transom windows & mirrored dining area w/slider. Windows galore brighten chef's kitchen, den and breakfast nook that lookout to beautiful landscaped rear yard. You'll find a large Corian island w/prep sink, eat-in counter, gas cook-top, double ovens, pull-out shelves, lots of cupboards & custom media cabinetry w/built-in wall speakers. Oversized primary en-suite w/bay window has amazing walk-in closet w/double vanities, leaded transom windows, soaker tub & walk-in shower. Sizeable 2nd bedroom ensuite and 3rd room w/custom built-in office, enclosed glass wall shelving & adjacent powder room. Laundry room has utility sink & storage. Double car + golf cart garage has built-in cabinets. Private yard features salt water, pebble tec pool & spa w/cascading waterfall & built-in BBQ. Double HVAC units replaced recently & 2020; pool heater, filter, pump & automated system installed. Come live your best life! The manager has listed the unit size as 2274 square feet.
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Desert Palms
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Listed by: Steven Karash, Equity Union
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219109673DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219109673DA
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