$895,000
●
House -
Off Market
18 Mcgill Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,136 Ft²
$6,374
Est. Monthly
$1,709
HOA / Fees
About This Property
Huge Price Reduction! Enter 18 McGill through a beautiful and
elegant formal entryway into this much sought after La Jolla Floor
Plan with Cathedral Ceiling in great room, 3BD/ 3BA and over
3100 sq. ft. with a panoramic South/West Mountain views. Residence
was built in the final phase of The Springs CC. Great side
yard with Pergola and Bar-B-Que area. Solar system is OWNED! Easy
access to community pool and all amenities offered in The Springs
CC. The guard gated, Springs CC has a private 18 Hole Golf
Course, 42,000 sq ft clubhouse : fitness center, tennis courts,
pickleball courts and lots of community pools/spas throughout the
complex. HOA fee includes: exterior painting, earthquake
insurance, roof, landscape maintenance, 24 hr guard gate, full
Social membership to the Springs CC.
Unit Size
3,136 Ft²
Days on Market
320 days
Land Size
0.15 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
$1,709
Year Built
1984
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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: 6 months ago (CRMLS #219106886PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $950,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: Encore Premier Group, Bennion Deville Homes
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219106886PS
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219106886PS
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