Listed by: Maria Richards, Weichert Realtors-Preferred
$1,050,200
●
House -
Off Market
9 Taylor Avenue
Palm Desert, CA 92260
3 Beds
3 Baths
3,353 Ft²
$1,085,608
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
A dream opportunity located within the gates of the highly desired
community of Montecito. This wonderful 3 bedrooms/3 bath HUD-Owned
home offers a rear yard with Built-in BBQ Island, Pool, spa, and
wading pool with views of our mountains as well as Desert Willow
Golf Course. As you step through the front rustic double gates you
are transported into an easy and relaxed Hacienda experience with
the Saltillo tiled courtyard and leading into the magnificent open
spacious living room with fireplace for your entertaining and a
formal dining room with the pool view through the slider door
windows. The high ceilings create an open and expansive feeling
which carries into the large whimsical kitchen with an Old-World
flair brings to mind a sense of nostalgic past. Adjoining the
kitchen is the breakfast bar that transitions into the family room,
a comfortable sitting area with the gas fireplace as the focal
point. In addition, all three bedrooms are en-suites with their own
bathrooms for maximum comfort. The 3-car garage has built-in
storage cabinets. Centrally located near shopping, restaurants,
golf courses, casino and more.
Unit Size
3,353 Ft²
Days on Market
40 days
Land Size
0.23 acres
Price per sqft
$313
Property Type
House
Property Taxes
-
HOA Dues
$220
Year Built
1994
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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 #219082228DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Weichert Realtors-Preferred | $1,050,000 | |
| Listed by Weichert Realtors-Preferred | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Garage
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Desert
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Listed by: Maria Richards, Weichert Realtors-Preferred
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219082228DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219082228DA
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