2 Ascona Terrace
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by Keller Williams Realty | $2,195,000 | |
| Listed by Keller Williams Realty | |||
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EXCEPTIONAL in every way. Design, detail, craftsmanship, artistry,......and VIEWS, incredible, unobstructed mountains'majesties are yours everyday.
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| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| Feb 22, 2019 | Price Decreased |
$2,370,000
↓ $125K
(5%) | |
| Price Decreased | |||
| Nov 5, 2018 | Listed | $2,495,000 | |
| Listed | |||
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Welcome to Ascona Terrace | 1.2 Acre Sunset View Estate in the heart of Rancho Mirage offering you and your guests a quality luxurious lifestyle. This elegant and spacious home offers both formal and informal spaces, great for entertaining grand parties, family retreats and quiet peaceful stacations. Formal living and dining room, wine cellar, great room with fireplace, Chefs kitchen and wet-bar. Spacious and luxurious master-suite wing with office, fireplace, spa-like bath, large walk-in closet and gorgeous views. Opposite side of the house there are four guest-suites, two are situated in an attached open guest house with kitchen and second living-media-room, all open to a large covered patio with fans, misters and awnings, pool and spa, 2 fire-pits and beautiful grounds, offering some of the best desert views and sunsets. Large putting green for your tournaments. Oversized 3-car garage with Gym space, owned solar system and so much more. This is a must-see value! The manager has listed the unit size as 5829 square feet.
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About Rancho Mirage
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$7,600 /mo
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$6,500 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017