$574,900
●
House -
Off Market
28 Sierra Madre Way
Rancho Mirage, CA 92270
2 Beds
3 Baths
2,575 Ft²
$841,520
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Location, Location! One of the best locations in Country Club
Estates. This is one of two homes built w/o stepdown livingroom.
Entire floorplan on one level. Gourmet kitchen with slab granite
and travertine backsplash, huge formal diningroom, cozy den.
Spacious mastersuite with walk-in closet. Electric awning creates
an outdoor livingroom while the pool and spa have been redone in
pebble tech with 2 speed motor, newer high efficiency AC system you
can control thru Alexa. Very private backyard with mountain views
and green space for pets and kids. 3 car oversized garage. Low
HOA's, great central Rancho Mirage location near shopping and
Eisenhower Medical Center.
Unit Size
2,575 Ft²
Days on Market
77 days
Land Size
0.29 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
$365
Year Built
1980
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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: 5 months ago (CRMLS #219022821DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2019 | Sold | ||
| Sold | |||
| Aug 24, 2019 | Listed by Keller Williams Realty | $574,900 | |
| Listed by Keller Williams Realty | |||
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 Coutry Club Estates
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Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219022821DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219022821DA
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