$375,000
●
House -
Off Market
36915 Palmdale Road
Rancho Mirage, CA 92270
3 Beds
1 Bath
1,470 Ft²
$632,081
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model
About This Property
This location is perfect if YOUR WISH LIST includes NO HOA DUES,
You OWN THE LAND, UTILITIES ARE UNDERGROUND and an OPPORTUNITY to
update and design to your liking with great UPSIDE POTENTIAL. This
home built in 1973 has 1470 sq ft on a 11,761 sq ft lot. Front
landscaping combines lush greenery, towering Palms and desert
plants along a paver stone walkway. 3BR, 2BA and a light filled
interior. The 2 car garage was converted by former owners into
extra living space/games/party room. Beautiful views of the San
Jacinto Mountains are enjoyed from the interior and pool area. Very
private with lots of character, this could be the ONE FOR YOU.
Unit Size
1,470 Ft²
Days on Market
246 days
Land Size
0.27 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #217012394DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $420,000 | |
| Listed | |||
| | |||
|
Searching for the perfect location is as UNIQUE as the person searching. This neighborhood is perfect if YOUR WISH LIST includes NO HOA DUES, You OWN THE LAND, UTILITIES ARE UNDERGROUND and an OPPORTUNITY to update and design to your liking with great UPSIDE POTENTIAL. Equally important....A FRIENDLY, DIVERSE neighborhood with people who enjoy walking (PETS included) and biking amidst a variety of home designs. This home built in 1973 has 1470 sq ft on a 11,761 sq ft lot. Front landscaping combines greenery, towering Palms and desert plants along the paver stone walkway. 3BR, 2BA and a light filled interior. The 2 car garage was converted by former owners into extra living space/games/party room. Beautiful views of the San Jacinto Mountains are enjoyed from the interior and pool area. Very private with lots of character, this could be the ONE FOR YOU. The manager has listed the unit size as 1470 square feet.
| |||
| Apr 26, 2017 | Listed by Bennion Deville Homes | $399,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 Palm Court
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Currently no similar homes aroundNearby Rentals
Listed by: Marilyn Bauer, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217012394DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217012394DA
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