13
Map
$479,000
●
House -
For Sale
78368 Sterling Lane
Palm Desert, CA 92211
2 Beds
2 Baths
1,622 Ft²
Upcoming Open House
12PM - 2PM, Sat, Nov 7
-
Book now
$2,784
Est. Monthly
$432
HOA / Fees
About This Property
Morocco Floor' Plan With 2 Bedrooms + Den, 2 Baths, Gated Private
Courtyard. Expansive Lot With Lush Landscaping, Spacious Front
Courtyard & Private Backyard With An Extended Patio, Aluma-Wood
Patio Cover & Plenty Of Room To Entertain. This Home Boasts High
Ceilings, Shutters & An Open Floor Plan. The Great Room Has A
Custom-Built Entertainment Center. The Kitchen Has A Center Island
& Dining Area, And Lots Of Cabinets Space. The Master Suite Has A
Bay Window, Master Bath And Walk In Closet. The Den Is Currently
Used As An Office. There Is A Laundry Room And 2 Car Extended
Garage With A Golf Cart Niche. Centrally Located Close To
Clubhouses, Tennis Courts, Post Office, Shopping And
Restaurants'Buyer to par HOA Replenishment fee
Unit Size
1,622 Ft²
Days on Market
78 days
Land Size
0.17 acres
Price per sqft
$295
Property Type
House
Property Taxes
-
HOA Dues
$432
Year Built
1998
Listed By
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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 days ago (CRMLS #219151681DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2026 | Listed by HomeSmart | $479,000 | |
| Listed by HomeSmart | |||
| Feb 24, 2024 | No longer available | - | |
| No longer available | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Jan 5, 2024 | Price Decreased |
$469,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Nov 28, 2023 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Built-in Features, High Ceilings, Storage, Walk-In Closet(s), BreakfastArea, SeparateFormalDiningRoom, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite, UtilityRoom
Appliances: Convection Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Laundry Room
Exterior Details
Square Footage: 1622
Square Footage Source: $0
Security Features: Gated Community, 24 Hour Security
Year Built Source: Assessor
Year Built: 1998
Builder Model: Morocco
Levels: One
Window Features: Shutters
Construction Materials: Stucco
Patio and Porch Features: Covered, Concrete
Lot Features: Back Yard, Corners Marked, Front Yard, Landscaped, Level, DripIrrigationBubblers, NearPark, SprinklersTimer, SprinklerSystem, Yard
Lot Size Area: 7405
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Sport Court, Fitness Center, Golf Course, Game Room, Meeting Room, Other, Picnic Area, Racquetball, Security, Tennis Court(s), Cable TV, BocceCourt, ControlledAccess, LakeOrPond, MeetingBanquetPartyRoom, PaddleTennis, PetRestrictions
HOA Fee: $390
HOA Fee Frequency: Monthly
Condo/Coop Fee: $42
Condo/Coop Fee Frequency: Monthly
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
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Listed On
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HOA + Taxes
About Desert Palms
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Listed by: John Gonnello, HomeSmart
Last Updated: 2 days ago
Data Source: CRMLS, MLS# 219151681DA
Last Updated: 2 days ago
Data Source: CRMLS, MLS# 219151681DA
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