Listed by: Elaine Leib, Bennion Deville Homes
$455,000
●
House -
Off Market
78466 Sterling Lane
Palm Desert, CA 92211
3 Beds
4 Baths,
1
Half Bath
2,742 Ft²
$876,627
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Elegant Portofino Estate. Lovely courtyard leading to double doors
with leaded glass inserts. Dramatic high ceilings, transom windows,
expansive use of tile flooring. 2 sided fireplace open to formal
living room and massive great room with custom buil-in media
center. Chef;s kitchen with the signature mitred window, breakfast
area and breakfast bar, double ovens, walk-in pantry. Spectacular
formal dining room with coffered ceilings. The spacious master
suite has a door to the patio. The beautiful master bath has
upgraded hardware, double sinks, spa tub,separate shower and glass
block accents, his and her walk-in closets and a skylight. Enjoy
the private retreat/office/gym room . Two guest suites with private
baths plus powder room. There is an expansive patio and there are
no houses directly abutting the back-so total privacy and
space.Double garage plus golf cart garage. The home has been newly
painted in neutral desert color. It shines.
Unit Size
2,742 Ft²
Days on Market
52 days
Land Size
0.17 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
$237
Year Built
1998
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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 #214013117DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by HK Lane Real Estate | $689,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
|
Estate sale & priced to sell!!! New carpet has just been installed in primary suite, dining room and living room. This popular Portifino floor plan has plenty of room to roam and the gourmet kitchen has a large island and is open to the family room with built-ins and cozy fireplace for those cooler evenings... Kitchen is complete with corian counters, breakfast bar, skylight, double ovens, gas cooktop and a large pantry - not to mention the seamless windows over the sink area to let in lots of light and views!! Primary suite with door to patio area is spacious with NEW carpet and the primary bathroom has been tastefully remodeled to include a convenient walk-in spa tub and separate remodeled shower. This suite has two closets plus an extra room adjacent to the bath which could be an office or exercise room or?? There is also a convenient powder room and the other two bedrooms are ensuite. Large laundry room with storage and a window for light. Two-car plus golf cart garage. Both A/C systems were replaced in 2018. Don't miss this opportunity to enjoy everything Sun City has to offer !!
| |||
| May 30, 2014 | Sold | ||
| Sold | |||
| Apr 7, 2014 | Listed by Bennion Deville Homes | $469,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Desert Palms
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Listed by: Elaine Leib, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 214013117DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 214013117DA
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