Listed by: Nancy Jones, Bennion Deville Homes
$720,000
●
House -
Off Market
29 Mayfair Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,878 Ft²
$1,387,988
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model
About This Property
This free flowing MUIRFIELD plan is located in the prestigious
Morningside CC. It has been expanded to 3878 sq ft, offers 3 large
bedrooms, 3 baths & has special features like trey ceilings &
hardwood floors. Outdoor spaces optimize enjoyment of the weather
w/patio misters & private spa. While the inviting great room &
dining area has a wood beamed ceiling. The kitchen & casual
breakfast/den are perfect for spending time w/ friends. Sits on the
corner of a golf course/greenbelt lot, but situated to take full
advantage of the magnificent southern mountain & golf course views
while only steps to community pool. Large functional kitchen w/
granite counters, Subzero refrigerator, double ovens, gas cooktop &
food prep island. Privacy can be enjoyed in the luxurious master
suite featuring spacious walk in closets, dual vanities, separate
tub & shower. The attached casita features a second master suite w/
separate entry & bath. Third bedroom has been converted to media
center w/ built-ins.
Unit Size
3,878 Ft²
Days on Market
161 days
Land Size
0.16 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
$1,300
Year Built
1986
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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: 3 years ago (CRMLS #215023806DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2016 | Sold | ||
| Sold | |||
| Aug 28, 2015 | Listed by Bennion Deville Homes | $789,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Morningside Country Club
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Listed by: Nancy Jones, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215023806DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215023806DA
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