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$610,000
●
House -
Off Market
36809 Marber Drive
Rancho Mirage, CA 92270
4 Beds
1 Bath
2,060 Ft²
$960,586
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
In sought-after historic Tamarisk area, this home is masterfully
updated to modern desert design. The property rests on an expansive
lot & the large private pool yard enjoys a picturesque view of Mt.
San Jacinto. The home reflects carefully chosen elements that come
together seamlessly plus the great room has vaulted ceiling &
abundance of new windows that provide the flow out to the
resort-like backyard with picturesque views, outdoor shower, new
landscaping & full outdoor kitchen with natural gas available for a
BBQ. Totaling 4 bedrooms, 3 baths, the split floor plan has 2
ensuite master bedrooms, perfect for visiting guests. The gourmet
kitchen boasts center preparation island & new stainless appliances
with a 6 burner NDR Entree range. The awesome neighborhood has
majestic date palms & iconic properties owned by celebrities.
Utilities are underground for uninterrupted views! Just minutes
from shopping, dining, hiking, newer dog park, tennis, award
winning library & new observatory.
Unit Size
2,060 Ft²
Days on Market
83 days
Land Size
0.27 acres
Price per sqft
$308
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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: 4 months ago (CRMLS #218018394DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by Bennion Deville Homes | $1,150,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Opportunity to Own this Stunning 4BD/3BA nestled in the highly sought after Tamarisk Neighborhood located in the heart of Rancho Mirage. Situated on an oversized lot, this Mid- Century California Ranch Residence captures breathtaking views of the San Jacinto Mountains from the moment you enter. Once inside, you'll find a bright & well-maintained interior that that has been customized with mid-century inspired finishes. Features include; Open Floorplan, Vaulted Ceilings, Recessed Lighting, Updated Kitchen equipped w/ Quartz Counter Tops & Stainless-Steel Appliances, Roomy Bedrooms, Richly-Appointed Bathrooms & an Expansive Great Room equipped with double sliding glass doors that offer a seamless transition to the Private Outdoor Living Area. Complete with a Sparkling Salt Water Pool, Covered Patio, Lush Landscaping, Outdoor Kitchen w/ BBQ, Gas Fire Pit and Magnificent views of the surrounding mountains. Bonus: No HOA's and within short distance to Hwy 111, Renowned El Paseo, The River, Restaurants, Hiking/Biking Trails, Movies, & I-10, which Makes Traversing the Valley a Quick Venture.
| |||
| Sep 14, 2018 | Sold | ||
| Sold | |||
| Sep 10, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $635,000 | |
| Listed | |||
| | |||
|
In sought-after historic Tamarisk area, this home is masterfully updated to modern desert design. The property rests on an expansive lot & the large private pool yard enjoys a picturesque view of Mt. San Jacinto. The home reflects carefully chosen elements that come together seamlessly plus the great room has vaulted ceiling & abundance of new windows that provide the flow out to the resort-like backyard with picturesque views, outdoor shower, new landscaping & full outdoor kitchen with natural gas available for a BBQ. Totaling 4 bedrooms, 3 baths, the split floor plan has 2 ensuite master bedrooms, perfect for visiting guests. The gourmet kitchen boasts center preparation island & new stainless appliances with a 6 burner NDR Entree range. The awesome neighborhood has majestic date palms & iconic properties owned by celebrities. Utilities are underground for uninterrupted views! Just minutes from shopping, dining, hiking, newer dog park, tennis, award winning library & new observatory. The manager has listed the unit size as 2060 square feet.
| |||
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Property Highlights
Parking Available
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
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Sunny Lane Palm Estates
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Listed by: Jeff Miller, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218018394DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218018394DA
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