$675,000
●
House -
Off Market
2 Colgate Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,097 Ft²
$907,965
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
This lake side location home has Southwest/West views from the
interior and outdoor living areas. The 3 bedroom/3 bathroom
remodeled contemporary home has an open floor plan and Turkish
matte travertine 12x24 tiles throughout. The chef's kitchen boasts
custom maple cabinetry with white quartz countertops that have a
waterfall style edge on the kitchen island. Top line appliances
include Subzero fridge, Bosch double ovens, drawer microwave, 5
burner gas cooktop with hood fan, and low decibel dishwasher. Three
large bedrooms, two of which are master suites with walk-in
closets. There are patios off the sliders on three sides of the
house for a perfect choice of sun or shade. The Springs Country
Club is in the heart of Rancho Mirage across from Eisenhower
Medical Campus and just down the road from The River with shopping,
restaurants and cinemas. The Springs, its where you belong!
Unit Size
3,097 Ft²
Days on Market
278 days
Land Size
0.14 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
$1,083
Year Built
1975
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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: 4 months ago (CRMLS #219039028PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 27, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | Listed by Equity Union | $1,100,000 | |
| Listed by Equity Union | |||
| | |||
|
For Comp Purposes Only
| |||
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Listed by Bennion Deville Homes | $685,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
This lake side location home has Southwest/West views from the interior and outdoor living areas. The 3 bedroom/3 bathroom remodeled contemporary home has an open floor plan and Turkish matte travertine 12x24 tiles throughout. The chef's kitchen boasts custom maple cabinetry with white quartz countertops that have a waterfall style edge on the kitchen island. Top line appliances include Subzero fridge, Bosch double ovens, drawer microwave, 5 burner gas cooktop with hood fan, and low decibel dishwasher. Three large bedrooms, two of which are master suites with walk-in closets. There are patios off the sliders on three sides of the house for a perfect choice of sun or shade. The Springs Country Club is in the heart of Rancho Mirage across from Eisenhower Medical Campus and just down the road from The River with shopping, restaurants and cinemas. The Springs, its where you belong!
| |||
| Jan 26, 2020 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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HOA + Taxes
About Springs Country Club
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Currently no similar homes aroundNearby Rentals
Listed by: Encore Premier Group, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219039028PS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219039028PS
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