$570,000
●
House -
Off Market
37190 Ferber Drive
Rancho Mirage, CA 92270
3 Beds
1 Bath
1,688 Ft²
$799,178
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Three bedroom two bath mid-century modern home in the desirable
Tamarisk area of Rancho Mirage. Huge landscaped yard with
pool and spa. Major upgrades have been made to this home
including an owned solar system, a SeiMatic kitchen with quartz
composite countertops, under and over cabinet lighting, Bertazzoni
range, dual pane windows, newer tile flooring, new carpets in the
bedrooms, alumawood patio covering n
Unit Size
1,688 Ft²
Days on Market
7 days
Land Size
0.29 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #219044110DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2020 | Sold | ||
| Sold | |||
| Jun 3, 2020 | Listed by Keller Williams Realty | $570,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Three bedroom two bath mid-century modern home in the desirable Tamarisk area of Rancho Mirage. Huge landscaped yard with pool and spa. Major upgrades have been made to this home including an owned solar system, a SeiMatic kitchen with quartz composite countertops, under and over cabinet lighting, Bertazzoni range, dual pane windows, newer tile flooring, new carpets in the bedrooms, alumawood patio covering n
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Available
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 Sunny Lane Palm Estates
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Currently no similar homes aroundNearby Rentals
Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219044110DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219044110DA
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