Listed by: TTK Represents, Compass
$782,000
●
House -
Off Market
118 Yale Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,088 Ft²
$1,107,852
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Sophisticated and highly upgraded Cypress plan within the private
and gated Springs Country Club. South facing back yard with
ultimate privacy and breathtaking mountain views for perfect
relaxation and enjoyment. Interiors have been taken to the
next level with updated flooring, custom lighting, built in
cabinetry, and double pane windows with custom power blinds.
Kitchen and baths with updated cabinetry, quartz countertops,
custom tile and stainless appliances, The Springs lifestyle
features a private clubhouse, golf, tennis, pickle ball, fitness
center and restaurants. The perfect full time residence or
2nd home to enjoy all the desert has to offer. We welcome you to
take a 3D virtual tour of this property:
https://my.matterport.com/show/?m=icqwhroZiUi&mls=1
Unit Size
3,088 Ft²
Days on Market
32 days
Land Size
0.16 acres
Price per sqft
$259
Property Type
House
Property Taxes
-
HOA Dues
$1,083
Year Built
1980
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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 #219044777PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Compass | $799,000 | |
| Listed by Compass | |||
| Feb 22, 2019 | No longer available | - | |
| No longer available | |||
| Dec 30, 2018 | Price Decreased |
$719,000
↓ $31K
(4.1%) | |
| Price Decreased | |||
| Oct 27, 2018 | Price Increased |
$750,000
↑ $551K
(276.9%) | |
| Price Increased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
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 Springs Country Club
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Listed by: TTK Represents, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219044777PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219044777PS
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