Listed by: Andy Sven and Kevin, HK Lane Real Estate
$625,000
●
House -
Off Market
32 Stanford Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
2,561 Ft²
$861,573
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
This gracious home at The Springs Country Club is located on a
quiet, interior corner for peaceful privacy. Lovingly and recently
freshened interiors complement the beautiful private pool and spa
with expansive entertainment areas. This customized end unit has
had extra windows added to take in more of the view, while recesses
and nooks provide intimate seating areas. A cozy breakfast room off
the kitchen is just one of several dining options on the property.
There's a primary bedroom with an en suite bath and an equally
spacious second suite. The third bedroom with adjacent bath can be
utilized as a den. At The Springs Country Club, it's all about
location and views, and 32 Stanford stands out as a winner.
Unit Size
2,561 Ft²
Days on Market
97 days
Land Size
0.11 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
$1,103
Year Built
1975
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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 #219047612PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by HK Lane Real Estate | $650,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Springs Country Club
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Listed by: Andy Sven and Kevin, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047612PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047612PS
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