Listed by: Encore Premier Group, Bennion Deville Homes
$1,330,000
●
House -
Off Market
1 Mcgill Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,352 Ft²
$8,559
Est. Monthly
$1,709
HOA / Fees
4.12%
Cap Rate
About This Property
3 Bedroom - 3 bathroom, Phase 10 (last phase at The Springs) La
Jolla with cathedral ceiling. Sited next to The Springs rose
garden. Free standing on a large lot with private spa with variable
speed pump and salt system.. Updated kitchen with Thomasville
cabinets and granite surfaces with bullnose edge. Bathrooms are
upgraded with Thomasville cabinets and granite countertops. Neutral
porcelain tile set on a 45 degree angle. Smooth walls with bullnose
edge. Raised coffered ceilings in Entry Hall, Morning Room and
kitchen. Raised doorways and a Large Nano pocket door in Entry hall
with electric sun shade. Plantation shutters through-out. Energy
efficiency includes: 32 owned solar panels, newer duct work
(replaced in 2019), all new double pane windows and sliders
(replaced in 2021) and roof AC compressors. (Replaced in 2022) Low
voltage lights in garden areas (see twilight pictures) Come see
this crown jewel at The Springs! The Springs is located across of
Eisenhower Medical Campus and just down the street from The River
which has restaurants, cinema and shopping. The Springs - it's
where you belong!
Unit Size
3,352 Ft²
Days on Market
2 days
Land Size
0.22 acres
Price per sqft
$416
Property Type
House
Property Taxes
-
HOA Dues
$1,709
Year Built
1983
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #219116551PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Sep 2, 2024 | Listed by Bennion Deville Homes | $1,395,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Springs Country Club
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Listed by: Encore Premier Group, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219116551PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219116551PS
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