Listed by: Sherry Cherlin, Bennion Deville Homes
$414,000
●
House -
Off Market
78180 Bonanza Drive Drive
Palm Desert, CA 92211
3 Beds
3 Baths,
1
Half Bath
2,029 Ft²
$761,411
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
Sun City Palm Desert - Elegant Emerald Model over looks a serene
green belt and the 13th hole of the Santa Rosa Golf Course.The
extended back patio has magnificent north & east mountain Views. A
Private gated courtyard leads to double entry doors, and an open
foyer with a 12 ft. ceiling.The spacious great room also offers a
12 ft coffered ceiling.Skylights are in the kitchen, hall, master
bath & powder room. A Large kitchen with an expansive Center
Island,with breakfast bar, wood cabinetry, gas cook top, double
ovens, microwave, a new French door refrigerator, and the
dishwasher compliment the kitchen which opens to a breakfast niche
and Family room. The master suite has shutters and a sliding glass
door to the rear patio. The master bath has duel vanity sinks,
stall shower a large tub and walk-in closet.There is a guest suite
and a third bedroom being used as office. There are 2.5 baths,
multiple ceiling fans and a security system. Laundry room has a
utility sink.Garage is 2Car+GC
Unit Size
2,029 Ft²
Days on Market
71 days
Land Size
0.18 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$271
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 #215017834DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2015 | Sold | ||
| Sold | |||
| Jun 15, 2015 | Listed by Bennion Deville Homes | $429,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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ft²
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Listed On
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HOA + Taxes
About Desert Palms
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Listed by: Sherry Cherlin, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017834DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017834DA
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