Listed by: Corinne Zajac, Bennion Deville Homes
$960,000
●
House -
Off Market
3 Hampton Court
Rancho Mirage, CA 92270
3 Beds
4 Baths
3,460 Ft²
$1,240,394
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
***Price reduced $75,000*** Do not miss this opportunity!!!
Exquisite hideaway located at the end of a quiet cul-de-sac in the
beautiful Club at Morningside. Enjoy 3460 sq. ft. of living space
in this Oakmont 3 floorplan filled with natural lighting from
skylights throughout. Private courtyard, large entry way leads to
the walls of glass and mirrors that reflect majestic desert
scenery, Santa Rosa & Mt San Jacinto Mountains overlooking a double
fairway and lake. Functional island kitchen complete with breakfast
bar, eating area, granite counter tops, walk-in pantry and plenty
of cabinet space. The master bedroom suite offers an office/sitting
area, walk in closet and dual bathrooms. Your guests will enjoy two
spacious guest rooms with ensuite, currently one is converted into
a media room with plenty of built-ins. Enjoy the outdoors from the
wrap around patio, ceramic tile and covered entertaining area.
Centrally located in the heart of Rancho Mirage.
Unit Size
3,460 Ft²
Days on Market
149 days
Land Size
0.21 acres
Price per sqft
$295
Property Type
House
Property Taxes
-
HOA Dues
$1,150
Year Built
1985
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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 #219052537DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 2, 2021 | Sold | ||
| Sold | |||
| Feb 23, 2021 | In contract | - | |
| In contract | |||
| Jan 26, 2021 | Price Decreased |
$1,020,000
↓ $75K
(6.9%) | |
| Price Decreased | |||
| Nov 6, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Garage
Fireplace
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: Corinne Zajac, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052537DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052537DA
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