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2489 Tuscany Heights Drive,...

S. & A. Leslie Acquire Palm Springs SFR On Tuscany Heights Dr. For $1.57M
SOLDSingle Family Residence

S. & A. Leslie Acquire Palm Springs SFR On Tuscany Heights Dr. For $1.57M

2489 Tuscany Heights Drive, Palm Springs, CA, USA

$1,570,000

$413/SF

Building Size

3,800 SF

Asset Type

Single Family Residence

Closing

Mar 28, 2021

AI

A single-family home located at 2489 Tuscany Heights Drive in Palm Springs was recently sold for $1,570,000. The property spans 3,800 square feet, resulting in a price per square foot of $413. The sale was finalized on 03/29/2021.

Summary of transation details

  • Property Type: SFR
  • Transaction Amount: $1,570,000
  • Address: 2489 Tuscany Heights Drive, Palm Springs
  • Market: Palm Springs

The buyers of the property, S. & A. Leslie, were represented by Zenona Ortega from 1st United Realty & Mortgage Inc. On the other side, L. Ihle, the seller, was represented by Scott Lyle from Compass Realty.

Players

Zenona Ortega

Broker

$1.6M

vol

1 deal

Broker

Palm Springs Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.10%

Cash-on-Cash

-2.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93