Listed by: The Bannister Group, Bannister Realty
$2,200,000
●
House -
Off Market
948 Fire Dance Lane
Palm Desert, CA 92211
4 Beds
5 Baths,
1
Half Bath
4,633 Ft²
$4,714,381
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model
About This Property
This Unique One-of-a-Kind Home is part of the Tuscan Collection of
the few Toscana Prototype Homes built in Indian Ridge CC. An
Elegant, Luxury Estate w/private pebble tech POOL/SPA/Waterfall on
a huge 17424 sq ft premium lot w/two very large side yards. This
4633 sq ft 4 BR, 4.5 BA Home w/open floor plan includes a detached
2 room Casita w/sitting room & private Bath. Gorgeous Wood
Flooring. Gourmet Kitchen w/walk-in pantry, granite counters,
high-end appliances & travertine floors open to the Family Room
w/built-in media center. The Formal Living Room w/Stone Fireplace &
Dining Room w/large Wet Bar overlooks the Magnificent View. The
large Patio w/POOL/SPA, built-in BBQ Island, Fire Pit & Pavers
offers dramatic water, mountain & fairway Views overlooking the
green on Fairway #13 of the Arroyo Course. Epoxy Floors in garages.
Pavers on all driveways & walkways. Exquisite Home-Customized
thru-out. A Truly Stunning Home! Offered Decorator Designer
Furnished per inventory list.
Unit Size
4,633 Ft²
Days on Market
24 days
Land Size
0.40 acres
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
$410
Year Built
2001
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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 #213004641DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2014 | Sold | ||
| Sold | |||
| Apr 1, 2014 | Listed by Bannister Realty | $2,499,000 | |
| Listed by Bannister Realty | |||
Property Highlights
With View
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: The Bannister Group, Bannister Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213004641DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213004641DA
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