Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
$320,000
●
House -
Off Market
36916 Ferber Drive
Rancho Mirage, CA 92270
3 Beds
2 Baths
1,688 Ft²
$633,639
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Welcome to the one of Rancho Mirage's premier, ungated
neighborhoods! This well loved home has fantastic mid century
bones, and with a little updating could become a fabulous mid
century modern retreat. Huge, oversize lot, with plenty of room to
create your own desert oasis. Three bedrooms, two baths, fireplace,
and a two car attached garage. House has beamed ceilings, copper
plumbing, dual pane windows, and three solar tubes. Homes in this
neighborhood do not come up often, especially with such great mid
century features. This is an opportunity!!
Unit Size
1,688 Ft²
Days on Market
61 days
Land Size
0.29 acres
Price per sqft
$201
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1962
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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: 2 years ago (CRMLS #214005373DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2015 | Sold | ||
| Sold | |||
| Feb 13, 2015 | Listed by Bennion Deville Homes | $499,999 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Owner said SELL!!! ANOTHER $25,000 price reduction!!! Stunning single family remodeled 1962 Mid Century Modern built home. No HOA's! Open brilliant living space includes; original upgraded fireplace, remodeled kitchen and new appliances. 3 Bed/2 Bath/2 Car garage. The living room boasts high beamed ceilings. Remarkable views from the front and back of the home. Dive into the sparkling new pool with glorious views. This home is not just remodeled it has upgraded electrical, double paned windows and copper plumbing. This home will not last!
| |||
| May 12, 2014 | Sold | ||
| Sold | |||
| Feb 7, 2014 | Listed by Keller Williams Realty | $339,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sunny Lane Palm Estates
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Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214005373DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214005373DA
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