Listed by: The Kennedy Team, Tarbell REALTORS
$595,000
●
House -
Off Market
11 Clear Lake Drive
Rancho Mirage, CA 92270
4 Beds
4 Baths,
1
Half Bath
2,748 Ft²
$1,175,635
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model
About This Property
SOUTH Facing. This 4 Bedroom with 3.5 baths is located in the
Delightful Community of Mission Shores in Ranch Mirage. Porcelain
Tile, Crown Moulding in Main Rooms, Wide Baseboards. Great Room
Concept with a Gourmet Kitchen Featuring GE Profile Stainless
Appliances, Slab Granite and Backsplash and 5 Burner Gas Stove Top.
Tea Drop Lights Over Bar and Island in Kitchen. Great Room Boasts a
Beautiful Fireplace with Mantle and Built in Entertainment Center
and Wet Bar. Formal Dining Room with Slider to the Patio. Bamboo
Flooring in two of the Bedrooms. Large Master Suite has door to
Patio and Beautiful Bath with Stone covered Tub and Shower. Custom
Walk in Mr and Mrs Closets. The PATIO and BACKYARD is all about
Living Outdoors - Firepit, Spool with Waterfall with Salt Water,
Built In Entertainment Island with BBQ. Plenty of Room for
Entertaining or just Relaxing. Synthetic Turff, Surround System in
House with Speakers and TV outside. PRIDE of OWNERSHIP. This house
is a MUST SEE
Unit Size
2,748 Ft²
Days on Market
26 days
Land Size
0.18 acres
Price per sqft
$218
Property Type
House
Property Taxes
-
HOA Dues
$289
Year Built
2005
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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 #21476338DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2013 | Sold | ||
| Sold | |||
| Jun 1, 2013 | Listed by Tarbell REALTORS | $599,000 | |
| Listed by Tarbell REALTORS | |||
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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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mission Shores
Similar Homes for Sale
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Listed by: The Kennedy Team, Tarbell REALTORS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21476338DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21476338DA
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