Listed by: Charles Scicli, Desert Elite Properties, Inc.
$497,500
●
House -
Off Market
79361 Spalding Drive
Bermuda Dunes, CA 92203
3 Beds
3 Baths,
1
Half Bath
1,761 Ft²
$2,451
Est. Monthly
About This Property
Perfect starter home! Great location with NO HOA - NO MELLO ROOS
TAX! Just under 1,800 square feet, 3 bedroom, 2.5 bathrooms,
fireplace, mini wet bar, open floor plan, granite countertops
(kitchen), SOLAR, plus updated master & half bath! - Short term
rental friendly - IID electric - & Tons of upside! Call listing for
your private showing!
Unit Size
1,761 Ft²
Days on Market
53 days
Land Size
0.21 acres
Price per sqft
$283
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #219105337DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | No longer available | - | |
| No longer available | |||
| Jan 15, 2024 | Listed by Desert Elite Properties, Inc. | $499,000 | |
| Listed by Desert Elite Properties, Inc. | |||
| Nov 11, 2023 | Listed by Desert Elite Properties | $499,000 | |
| Listed by Desert Elite Properties | |||
| | |||
|
Perfect starter home! Great location with NO HOA - NO MELLO ROOS TAX! Just under 1,800 square feet, 3 bedroom, 2.5 bathrooms, fireplace, mini wet bar, open floor plan, granite countertops (kitchen), SOLAR, plus updated master & half bath! - Short term rental friendly - IID electric - & Tons of upside! Call listing for your private showing! The manager has listed the unit size as 1761 square feet.
| |||
| Jun 28, 2021 | Sold | ||
| Sold | |||
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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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HOA + Taxes
About Bermuda Dunes
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Listed by: Charles Scicli, Desert Elite Properties, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219105337DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219105337DA
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