Listed by: Ferretti Real Estate Group, Bennion Deville Homes
$2,350,000
●
House -
Off Market
34 Mayfair Drive
Rancho Mirage, CA 92270
3 Beds
4 Baths,
1
Half Bath
4,064 Ft²
$12,989
Est. Monthly
$1,450
HOA / Fees
2.58%
Cap Rate
About This Property
Welcome to 34 Mayfair, one of the best remodeled homes located in
Morningside Country Club. This one of a kind home has everything
going for it. An ideal orientation for those that want to have a
private off the golf course location while retaining stunning
mountain views of the San Jacinto and Santa Rosa Mountain range.
The home has been completely renovated, in addition to having a new
roof, fully paid off solar recently installed. The kitchen is ideal
for those that like to entertain with lots of storage, top of the
line Thermador appliances, custom cabinetry with pull outs in
nearly every cabinet paired with perfectly fabricated countertops.
An ideal floorplan with 3 ensuite bedrooms + a den/study, powder
room, family room, living room, walk up wet bar and much more.
Enjoy the piece of mind of having three top rated Lennox premium
HVAC systems, newer water heaters with recirculation pumps. You
will not want to miss out on this opportunity.
Unit Size
4,064 Ft²
Days on Market
93 days
Land Size
0.30 acres
Price per sqft
$578
Property Type
House
Property Taxes
-
HOA Dues
$1,450
Year Built
1989
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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 #219110202DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Apr 19, 2024 | No longer available | - | |
| No longer available | |||
| Apr 17, 2024 | Listed by Bennion Deville Homes | $2,350,000 | |
| Listed by Bennion Deville Homes | |||
| Mar 21, 2024 | Price Decreased |
$2,550,000
↓ $100K
(3.8%) | |
| Price Decreased | |||
| Mar 10, 2024 | No longer available | - | |
| No longer available | |||
Show More
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
Closing Price
Sold On
Sold On
HOA + Taxes
About Morningside Country Club
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Listed by: Ferretti Real Estate Group, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219110202DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219110202DA
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