Listed by: Signe Beck, Keller Williams Luxury Homes
$687,000
●
House -
Off Market
37190 Palmdale Road
Rancho Mirage, CA 92270
3 Beds
2 Baths
1,470 Ft²
$844,320
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Welcome to your new pool home in prestigious Tamarisk Heights!
Centrally located, this 3 bedroom, 2 bath home is on a
huge perfect lot, 12832 sq ft, nearly 1/3 of an acre.
It is move in ready! With newly re-modeled lighting,
kitchen, bathrooms, fresh paint, and landscaping, it is
manicured so you may just move in and enjoy. Here, you own your own
land, and have no HOA. Its a unique find!
Unit Size
1,470 Ft²
Days on Market
43 days
Land Size
0.29 acres
Price per sqft
$462
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: 3 years ago (CRMLS #219057367DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Feb 14, 2021 | Listed by Keller Williams Luxury Homes | $679,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Sep 7, 2020 | Sold | ||
| Sold | |||
| Aug 10, 2020 | Listed by BHG Desert Lifestyle Properties | $519,000 | |
| Listed by BHG Desert Lifestyle Properties | |||
| | |||
|
Welcome to your new Rancho Mirage home or weekend getaway! Priced to sell in beautiful Rancho Mirage on land you own and with no HOA! Centrally located and close to everything in our valley. This incredible ranch home on a quarter acre, is completely updated on the inside with new remodeled kitchen, appliances and baths. This home has been freshly painted both in side and out and features tile floor thru out the home. This home has an open floor plan and features an original brick fireplace. There is lots of sun light steaming in from the newer windows and sliders. This very large lot features mountain views, fruit trees and a very spacious backyard to create your perfect desert retreat.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Court
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Listed by: Signe Beck, Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057367DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057367DA
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