1
Map
$389,900
●
House -
Off Market
78545 Platinum Drive
Palm Desert, CA 92211
2 Beds
2 Baths
1,764 Ft²
$547,687
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
If you are looking for something special, then this fastidiously
maintained, highly upgraded, South facing Marrakech plan will
certainly put a smile on your face. It starts at the curb-side with
mature landscape including; palms, stylish architecture, a modern
hip roof, a gated courtyard & a soaring covered entry. The beauty
continues inside, where there is tile flooring in every room,
shades/drapes/valances on the windows, high transom windows above
the standard windows that fill the home with natural light,
recessed lighting & fans on the high ceilings. The beautiful
kitchen has stainless steel appliances, quality cabinets, Corian
counters and a stool height bar. Nearby, the nook has built-in
cabinetry & a bay window with a view of the backyard. The great
room has a cozy gas fireplace, entertainment center and crown
molding with romantic indirect recessed lighting. The master suite
has a bay window, dual vanities, a glass enclosed shower and a
generous walk-in closet. The dining room/office has a folding door
so it could be used as a 3rd sleep area. Also, there is a guest
bedroom, bathroom & a 2 car garage with laundry. The huge patio has
stunning sunsets & space for a pool. Wow!
Unit Size
1,764 Ft²
Days on Market
60 days
Land Size
0.21 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
$304
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: 5 months ago (CRMLS #219042827DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Windermere Homes & Estates | $559,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
THIS IS YOUR LUCKY DAY...if you have been waiting for the PERFECT HOME, PERFECT LOCATION AND PERFECT PRICE...THIS IS IT. Welcome to Sun City Palm Desert...the FEATURED home is the popular Marrakech Plan...2 bedrooms, 2 bath, BONUS ROOM...den/office/workout room...whatever you desire. Just picture yourself in this home...meticulously maintained...perfect full-time or vacation property...separated bedrooms...opposite ends of the home. Covered patio across the entire back of the home..perfect for entertaining or just relaxing and enjoying our beautiful desert. Private, pool size lot with Southern exposure. Upgrades include new quartz counters and backsplash in the AMAZING kitchen...new washer and dryer...freshly painted Primary bedroom with electric blind...nest thermostat...walk-in closet with professional organizers. Laundry room has been converted to a nice office space. Sun City Palm Desert amenities include 2 golf courses, 18 hole putting course, 3 clubhouses, indoor and outdoor pools, spas, workout facilities, restaurants, tennis and pickle ball courts, many clubs and crafts. Low HOA dues...you will NOT be disappointed. This home is a great value in today's real estate market. Please call for a private showing.
| |||
| Jul 10, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by Keller Williams Realty | $395,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
If you are looking for something special, then this fastidiously maintained, highly upgraded, South facing Marrakech plan will certainly put a smile on your face. It starts at the curb-side with mature landscape including; palms, stylish architecture, a modern hip roof, a gated courtyard & a soaring covered entry. The beauty continues inside, where there is tile flooring in every room, shades/drapes/valances on the windows, high transom windows above the standard windows that fill the home with natural light, recessed lighting & fans on the high ceilings. The beautiful kitchen has stainless steel appliances, quality cabinets, Corian counters and a stool height bar. Nearby, the nook has built-in cabinetry & a bay window with a view of the backyard. The great room has a cozy gas fireplace, entertainment center and crown molding with romantic indirect recessed lighting. The master suite has a bay window, dual vanities, a glass enclosed shower and a generous walk-in closet. The dining room/office has a folding door so it could be used as a 3rd sleep area. Also, there is a guest bedroom, bathroom & a 2 car garage with laundry. The huge patio has stunning sunsets & space for a pool. Wow!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Desert Palms
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Listed by: Jelmberg Team, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219042827DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219042827DA
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