$865,000
●
House -
Off Market
37116 Palmdale Road
Rancho Mirage, CA 92270
3 Beds
2 Baths
1,470 Ft²
$4,297
Est. Monthly
About This Property
Welcome to your desert oasis in the heart of Rancho Mirage! This
stunning 3 bedroom, 2 bathroom home offers 1,470 square feet of
living space on a sprawling 12,632 square foot lot. Recently
renovated in July 2024,this gorgeous home blends modern comfort
with timeless elegance. The thoughtfully designed backyard is a
true paradise featuring a pool, spa, and pergola, perfect for
relaxing or entertaining. Inside the home you will enjoy the
benefits of a Culligan water softener, a mini split AC unit in the
garage. This home is centrally located in the Coachella Valley near
the best dining, shopping, and entertainment our desert paradise
has to offer. And it's a brief drive to the Indian Wells Tennis
Gardens, home to the BNP Paribas Open. This move-in-ready property
is a rare find with no HOA or land lease fees! Offered furnished
per seller's inventory. Don't miss your chance to call this
exquisite property your own! Welcome home!
Unit Size
1,470 Ft²
Days on Market
36 days
Land Size
0.29 acres
Price per sqft
$595
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: 2 years ago (CRMLS #219121244DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Nov 17, 2024 | Listed by Equity Union | $875,000 | |
| Listed by Equity Union | |||
| | |||
|
Welcome to your desert oasis in the heart of Rancho Mirage! This stunning 3 bedroom, 2 bathroom home offers 1,470 square feet of living space on a sprawling 12,632 square foot lot. Recently renovated in July 2024,this gorgeous home blends modern comfort with timeless elegance. The thoughtfully designed backyard is a true paradise featuring a pool, spa, and pergola, perfect for relaxing or entertaining. Inside the home you will enjoy the benefits of a Culligan water softener, a mini split AC unit in the garage. This home is centrally located in the Coachella Valley near the best dining, shopping, and entertainment our desert paradise has to offer. And it's a brief drive to the Indian Wells Tennis Gardens, home to the BNP Paribas Open. This move-in-ready property is a rare find with no HOA or land lease fees! Offered furnished per seller's inventory. Don't miss your chance to call this exquisite property your own! Welcome home!
| |||
| Sep 30, 2015 | Sold | ||
| Sold | |||
| Apr 1, 2015 | Listed by Bennion Deville Homes | $472,540 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Charming and affordable, this Paradise on Palmdale is in one of the best neighborhoods in the Desert...the Tamarisk Country Club area. A remodeled, single family 3 bedroom, 2 bath home in a totally private, lush, setting with pool and spa. No electric wires to obscure your views, no HOA's to pay...just views and greenery and your private desert escape. There's a two car garage to stash the collectibles and cars, a remodeled kitchen with granite counters open to dining room and living room to socialize with friends and family. Situated on a 12,000 square foot lot this home has room for expansion and a legal casita (or two). Centrally located in Rancho Mirage minutes from dining, shopping, entertainment and medical care.
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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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ft²
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About Palm Court
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Listed by: Mark Wasserman, Equity Union
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219121244DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219121244DA
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