1
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3 Clear Lake Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$949,995
↓ $5
(0%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Equity Union | $950,000 | |
| Listed by Equity Union | |||
| Mar 3, 2025 | Listed | $1,000,000 | |
| Listed | |||
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Welcome to Mission Shores, a gated community in Rancho Mirage renowned for its picturesque lake and mountain vistas. Fabulous central Coachella Valley location! This property boasts an open floor plan encompassing four bedrooms and 3.5 bathrooms, seamlessly integrating a stunning formal dining room and a gourmet kitchen that flows into a spacious living area.Kitchen Features:Elegant cabinetry with pull-out shelvesUpgraded appliancesCentral islandGranite slab countertopsPantryBreakfast nookLiving Room Amenities:Designer-tiled gas fireplaceWet barIntegrated sound systemPrimary Suite Highlights:Dual vanitiesMakeup vanity2 walk-in closetsSoaking tubGenerously sized walk-in shower with benchAdditional Features:Custom window treatmentsLaundry room equipped with sinkSecurity system featuring camerasFrench doorsCoffered ceilingsCeiling fansRecently updated dual HVAC systemEpoxied garage floorOutdoor Entertaining Space:Private yard with mature landscapingPebble tech pool and spa complemented by a waterfallMisting systemAlumawood patio coverOutdoor sound systemFruit-bearing lemon, orange, and lime treesMultiple seating areasCommunity Benefits:Low monthly HOA fee of $380, covering front landscaping, cable/wifi, lake access, park with playground and basketball court, and meticulously maintained common areas.Home is available furnished.Close proximity to Palm Springs Airport! This residence serves as an ideal year-round home or a serene desert getaway.
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About Mission Shores
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$8,500 /mo
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$9,500 /mo
- 3 Beds
- 3 Baths
- 2,950 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017