Condo / High-rise home in Palm Springs, CA
This Condo condo in Palm Springs, CA offers 3 bedrooms and 2 bathrooms across 1,944 square feet. Notable features include mountain view, attached garage, deck / patio, and open floor plan. The Condo styling carries through the home's design.
| Price | $899,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1944 |
|---|
| Architectural style | Condo / High-rise (85% match) |
|---|
| Address | 2425 Silver Oak Circle, Palm Springs, CA 92264 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: attached garage, deck / patio, mountain view, open floor plan.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $899K, this home is 181% above the $320K median for 203 similar Condo / High-rise homes in Palm Springs, CA.
- That works out to $462 per square foot, 48% above the $313 comparable rate.
| This home | $899,000 |
|---|
| Condo / High-rise median in Palm Springs, CA | $319,900 (203 homes) |
|---|
| Price per sq ft | $462 vs. $313 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $6,157/month with 20% down at a 7.28% 30-year fixed rate. You would need about $263,871 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $4,921/mo |
|---|
| Property tax (new-buyer reassessed rate) | $899/mo |
|---|
| Homeowners insurance | $337/mo |
|---|
| Total monthly | $6,157/mo |
|---|
| Down payment (20%) | $179,800 |
|---|
| Income needed | $263,871/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (70 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (70/100) |
|---|
| Beats renting in | 25% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $502,172 |
|---|
| Range (10th to 90th pct) | $313,132 to $727,211 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Estately