Condo / High-rise home in Palm Springs, CA
This 1,307-square-foot Condo condo in Palm Springs, CA includes 3 bedrooms and 2 bathrooms. The listing highlights gated and deck / patio.
| Price | $369,000 |
|---|
| Beds | 3 |
|---|
| Baths | 2 |
|---|
| Sqft | 1307 |
|---|
| Architectural style | Condo / High-rise (55% match) |
|---|
| Address | 1407 N Sunrise Way Unit 22, Palm Springs, CA 92262 |
|---|
Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, gated.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $369K, this home is 15% above the $320K median for 203 similar Condo / High-rise homes in Palm Springs, CA.
- That works out to $282 per square foot, 10% below the $313 comparable rate.
- On the market 15 days.
| This home | $369,000 |
|---|
| Condo / High-rise median in Palm Springs, CA | $319,900 (203 homes) |
|---|
| Price per sq ft | $282 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 $2,527/month with 20% down at a 7.28% 30-year fixed rate. You would need about $108,307 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,020/mo |
|---|
| Property tax (new-buyer reassessed rate) | $369/mo |
|---|
| Homeowners insurance | $138/mo |
|---|
| Total monthly | $2,527/mo |
|---|
| Down payment (20%) | $73,800 |
|---|
| Income needed | $108,307/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (74 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 (74/100) |
|---|
| Beats renting in | 32% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $220,954 |
|---|
| Range (10th to 90th pct) | $143,223 to $317,868 |
|---|
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