Listed by: Diane Williams, Bennion Deville Homes
$1,700,000
●
House -
Off Market
858 Fire Dance Lane
Palm Desert, CA 92211
4 Beds
5 Baths,
1
Half Bath
4,580 Ft²
$2,458,678
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Elevated lot with panoramic views of four golf holes, water and
mountain views. This highly upgraded Jacaranda 2 is move in ready
with custom built-ins and all the bells and whistles. The formal
dining room and living room are perfect for a variety of
entertaining. The family room, bar area and kitchen look onto the
expansive back patio and views. The courtyard with sitting area and
exterior fireplace is a wonderful setting for quiet relaxation and
access to the guest house. The master bedroom retreat has sitting
area, built-in entertainment unit and two walk-in closets. The
gourmet kitchen is perfect for cooking for family and guests. The
outdoor patio has a built-in kitchen, fire pit by the pool, and BBQ
center with TV. The heated, Pebble Tec pool and spa adds the
finishing touch to this move in ready home. Offered furnished per
inventory list. Club or Golf Membership available.
Unit Size
4,580 Ft²
Days on Market
320 days
Land Size
0.27 acres
Price per sqft
$392
Property Type
House
Property Taxes
-
HOA Dues
$485
Year Built
2001
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Cap Rate Calculator
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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 years ago (CRMLS #219030267DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2020 | Sold | ||
| Sold | |||
| Sep 21, 2019 | No longer available | - | |
| No longer available | |||
| Sep 19, 2019 | Listed by Bennion Deville Homes | $1,795,000 | |
| Listed by Bennion Deville Homes | |||
| Dec 5, 2018 | Price Decreased |
$1,895,000
↓ $100K
(5%) | |
| Price Decreased | |||
| Oct 5, 2018 | No longer available | - | |
| No longer available | |||
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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
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 Palm Desert
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Listed by: Diane Williams, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219030267DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219030267DA
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