$2,250,000
●
House -
Off Market
2 Regency Drive
Rancho Mirage, CA 92270
5 Beds
5 Baths
4,826 Ft²
$3,425,836
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
Stunning 5 bd/5bath home at Morningside on the golf course.
Beautifully reimagined, renovated and designed by noted interior
designer, Christopher Kennedy.
Unit Size
4,826 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$466
Property Type
House
Property Taxes
-
HOA Dues
$1,359
Year Built
1990
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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: 4 months ago (CRMLS #218016284DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2020 | Sold | ||
| Sold | |||
| Apr 29, 2020 | Listed by Desert Sotheby's International Realty | $2,250,000 | |
| Listed by Desert Sotheby's International Realty | |||
| | |||
|
Beautifully re-imagined, renovated and designed free standing Greenbrier floor plan by noted interior designer, Christopher Kennedy. 2 Regency Drive is located on a coveted, private, interior street overlooking Morningside Golf Course. The home has a soft open feeling as you enter, that leads to the pool with the sounds of water flowing from the waterfalls. The lighting is abundant as both the Great Room and Living Room feature walls of glass with Nano doors offering the best of indoor/outdoor desert living.
| |||
| May 30, 2018 | Listed by Bennion Deville Homes | $2,250,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Stunning 5 bd/5bath home at Morningside on the golf course. Beautifully reimagined, renovated and designed by noted interior designer, Christopher Kennedy.
| |||
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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About Morningside Country Club
Similar Homes for Sale
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Listed by: Zajac and Fox Assoc. at Mor..., Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218016284DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218016284DA
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