$605,000
●
House -
Off Market
17 Via Santo Tomas
Rancho Mirage, CA 92270
3 Beds
2 Baths,
1
Half Bath
2,384 Ft²
$855,261
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
A great opportunity to own a beautiful home in the highly desirable
community of Santo Tomas. Santo Tomas is a private gated community
in Rancho Mirage that is nestled around a picturesque 9 acre
lake with boat launch, walking paths, five parks and mountain
views. Situated on a private over-sized lushly landscaped lot this
three bedroom home with two and a half baths is complete with a
sparkling pebble finish pool and a raised water fall spa. One
bedroom is furnished as a home office.The home features a towering
entry, large formal dining room with access to a lovely courtyard
patio. The spacious kitchen includes stainless steel appliances,
island counter with preparation sink and abundant counter space.
Enhancing the value of this home is an owned solar panel system to
drastically reduce those costly electric bills. HOA dues include
Social / Fitness / Tennis Membership to the prestigious Mission
Hills CC.
Unit Size
2,384 Ft²
Days on Market
175 days
Land Size
0.26 acres
Price per sqft
$256
Property Type
House
Property Taxes
-
HOA Dues
$320
Year Built
2004
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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: 5 months ago (CRMLS #219035359DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 5, 2020 | Sold | ||
| Sold | |||
| May 19, 2020 | In contract | - | |
| In contract | |||
| Apr 14, 2020 | Price Decreased |
$610,000
↓ $19K
(3%) | |
| Price Decreased | |||
| Jan 26, 2020 | Price Decreased |
$629,000
↓ $16K
(2.5%) | |
| Price Decreased | |||
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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 Santo Tomas
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Listed by: Greg Myll, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219035359DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219035359DA
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