S. & A. Leslie Acquire Palm Springs SFR On Tuscany Heights Dr. For $1.57M
SOLD
California
See Similar DealsSingle Family Residence3,800 SF
Sold 03/29/2021
SOLD
S. & A. Leslie Acquire Palm Springs SFR On Tuscany Heights Dr. For $1.57M
2489 Tuscany Heights Drive, Palm Springs, CA, USA
See Similar DealsSingle Family Residence3,800 SF
Sold 03/29/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$413
Total Square Footage:3,800 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$83,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,577.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,442.60
Annual Debt Service$89,311.21
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