$265,000
●
House -
Off Market
2854 Back Nine Drive
Borrego Springs, CA 92004
2 Beds
2 Baths
1,574 Ft²
$298,361
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
2 bedroom 2 bath home with open kitchen and bar area that leads to
the dining area. Vaulted ceilings in the living room area and
tile throughout. Nicely landscaped yard with trellis'.
Unit Size
1,574 Ft²
Days on Market
40 days
Land Size
0.17 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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Cap Rate Calculator
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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: 12 months ago (SDMLS #NDP2105522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 15, 2024 | Listed by Real Broker | $375,000 | |
| Listed by Real Broker | |||
| | |||
|
Welcome to your desert oasis! This stunning 2-bedroom, 2-bath home is a retreat in a serene and scenic neighborhood. Thoughtfully designed landscaping welcomes you with a burst of color and greenery, perfectly complementing the natural beauty surrounding the property. Step inside to find a floor plan that offers comfort, convenience, and style. Large windows frame breathtaking mountain views, filling each room with natural light. Enjoy direct access to the adjacent abandoned golf course, now a quiet haven with paths for morning strolls or evening sunset walks. With no neighbors behind, this home offers unmatched privacy and the perfect spot for soaking in the tranquil desert landscape. Whether you're seeking a peaceful retreat or an entertainer's paradise, this home is your ideal desert getaway! Welcome to your desert oasis! This stunning 2-bedroom, 2-bath home is a retreat in a serene and scenic neighborhood. Thoughtfully designed landscaping welcomes you with a burst of color and greenery, perfectly complementing the natural beauty surrounding the property. Step inside to find a floor plan that offers comfort, convenience, and style. Large windows frame breathtaking mountain views, filling each room with natural light. Enjoy direct access to the adjacent abandoned golf course, now a quiet haven with paths for morning strolls or evening sunset walks. With no neighbors behind, this home offers unmatched privacy and the perfect spot for soaking in the tranquil desert landscape. Whether you're seeking a peaceful retreat or an entertainer's paradise, this home is your ideal desert getaway!
| |||
| Jun 28, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Coldwell Banker Borrego | $255,000 | |
| Listed by Coldwell Banker Borrego | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
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HOA + Taxes
About Borrego Springs
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Listed by: Sylvana Meeks, Coldwell Banker Borrego
Last Updated: 12 months ago
Data Source: CRMLS, MLS# NDP2105522
Last Updated: 12 months ago
Data Source: CRMLS, MLS# NDP2105522
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