ActiveResidential · sale

367 Cypress Point Drive

Palm Desert, CA 92211

$849,000

  • 4 beds
  • 4 baths
  • 2,552 sq ft
  • 0.24 acres
  • Built 1989

Listed by Showcase Homes, Inc. · MLS #219148853DA

367 Cypress Point Drive, Palm Desert, CA 92211 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1989.

Garage parking

3 garage spaces listed.

Property size

0.24 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to a Special Single Story no interior steps pool home in the exclusive community call The Links in Desert Falls CC An interior quiet location within the Links community with its own gated entry on a private 24acre corner lot with 4 bedrooms 3 full bathrooms a powder room 3 car garage Enter thru beveled glass double doors to sky high ceilings with a great room thats an entertainers dream or can be a great familygame room Beautiful dining room Open floor plan Lots of windows with French doors leading to the spacious patio sparkling pool Chefs kitchen with custom cabinetry granite counters large counter bar facing family room breakfast eat in areanewer stainlesssteel appliances Primary suite huge Great gas fireplace Large bathroom with double vanities with additional counter spacelarge separate shower and tub All located on one side of the homewith a Large walkin closet Two guest bedrooms on opposite side of home and fourth bedroom also being utilized as an office All guests have their privacy Now comes the patio with a fantastic large pool and spa So private imagine taking an evening dip Many places for dining sunning great conversations BBQing Very lush landscaping Theres also a community pool with a cart path to the main part of Desert Falls CC Come see this great property upgraded HVAC systems water heater home well maintained HOA covers WiFiInternet cable tv 24 hr roving security double gated entry membership to the Health Fitness center with terrific tennis and famous pickleball Youll experience Great camaraderie for what Desert Falls is famous for Championship Golf course semiprivate club pay as you play or dine inquire about memberships Palm Desert residents get special deals at the twochampionship Desert Willow Golf courses with gorgeous clubhouse and fine dining literally just across the street Close to everything I 10 across from several restaurants shopping minutes to Eisenhower Medical Center famous El Paseo casinos famous Acrisure Arena with top notch entertainment sports great schools No shortterm rentals month minimum its a great option if you ever consider vacation seasonal rentals Call for your private tour Cant wait to show you
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THE NEIGHBORHOOD

Explore the location.

367 Cypress Point Drive, Palm Desert, CA 92211

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1989
Full baths
3
Half baths
1
Garage spaces
3
Cooling
Dual
Heating
ForcedAir,NaturalGas
Appliances
Dishwasher,GasOven,GasWaterHeater,IceMaker,Microwave,Refrigerator,WaterHeater
Flooring
Carpet,Tile
Utilities
CableAvailable
Fencing
StuccoWall
Pool
Yes
Pool features
Community,ElectricHeat,InGround
Spa
No
Subdivision
Desert Falls The Lin
Zoning
R-1
Parcel
626300038
HOA
Desert Falls Master HOA
HOA amenities
Clubhouse,FitnessCenter,MaintenanceGrounds,MeetingRoom,Management,OtherCourts,PaddleTennis,Security,TennisCourts,CableTv
HOA fee frequency
Monthly
Elementary school
Gerald Ford
Middle school
Palm Desert Charter
High school
Palm Desert
HOA fee
$879.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$3,537.50
Cap rate—

Annual operating income: —

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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367 Cypress Point Drive, Palm Desert, CA 92211 · MLS #219148853DA

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Property inquiries go to help@erabrokers.com.

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Listing information

MLS #219148853DA · California Regional MLS

Listing brokerage: Showcase Homes, Inc.
Listing agent: Francesca Vacatello

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.