Listed by: Corinne Zajac, Equity Union
$2,325,000
●
House -
Off Market
2 Creekside Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths,
1
Half Bath
4,023 Ft²
$13,210
Est. Monthly
$1,450
HOA / Fees
2.53%
Cap Rate
About This Property
This stylish home defines luxury living, featuring unparalleled
craftsmanship, stellar views, and lavish amenities.
Unit Size
4,023 Ft²
Days on Market
14 days
Land Size
0.16 acres
Price per sqft
$595
Property Type
House
Property Taxes
-
HOA Dues
$1,450
Year Built
1989
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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 #219110124DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2024 | Listed by Equity Union | $2,395,000 | |
| Listed by Equity Union | |||
| Apr 26, 2013 | Sold | ||
| Sold | |||
| Feb 1, 2013 | Listed by Bennion Deville Homes | $1,399,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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One of a kind custom built home in Morningside. This is not a builder's model in any way and boasts an absolutely fabulous panoramic view over a sparkling lake with Western mountain vistas. Totally remodeled two years ago and finishes are over the top! You won't believe the workmanship in this Santa Barbara inspired masterpiece. An optical delight from the moment you step inside and the exquisitely designed garden and patio area will captivate your senses. A true gourmet kitchen, two grand master suites and the third bedroom has been designed as a grand media room, plus a great office was added to the home, Interior design by Donna Diamond and just too many amenities to list to properly describe this incredible offering. One of the finest Morningside homes to ever be offered. Come take a look and you will agree. This pristine custom residence will sell itself!
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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
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HOA + Taxes
About Morningside Country Club
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Listed by: Corinne Zajac, Equity Union
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219110124DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219110124DA
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