$534,700
●
House -
Off Market
37222 Ferber Drive
Rancho Mirage, CA 92270
4 Beds
0 Bath
1,732 Ft²
$857,759
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Inviting curb appeal with manicured landscaping and stone pathway
leading to a courtyard entry. The mountain views are magnificent.
Situated in the heart of the Tamarisk neighborhood where custom
homes of every design and price point, towering Palm trees and
meandering streets combine to create this diverse and friendly
neighborhood. Built in 1961 the home has been thoughtfully updated
and redesigned to create a light filled open concept interior.
SOLAR too! Within the 1732 sq ft 4br [one is a den] two ba there is
no wasted space. Functional kitchen with Quartz counter tops is
open to a living/dining area. Porcelain tile is featured throughout
and all rooms have access to the outdoors. A free form pool, spa,
water feature + fire pit are surrounded by an expansive patio and
play/entertaining area. 2 car garage with adjoining
workshop/studio. Private gate for additional vehicles or RV. The
mountain views are captured from almost every angle on the over
sized 12,632 sq ft corner lot.
Unit Size
1,732 Ft²
Days on Market
205 days
Land Size
0.29 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #219004385DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2021 | Listed by Keller Williams Realty | $849,950 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This must see home is the one you have been waiting for!!! Stunning mid century modern remodel in a wonderful neighborhood in Rancho Mirage. Current sellers have added many high end features to this four bedroom two bath pool home on land you own with no HOA fees or restrictions. One of the four bedrooms is currently set up as an office. Both bathrooms have been tastefully remodeled. Large corner lot with breathtaking mountain views and tons of privacy. Resort like back yard provides limitless entertaining options. The two car garage has epoxy flooring and is temperature controlled with a split system air conditioner. Custom doors greet you as you enter the courtyard, and the home.
| |||
| Aug 30, 2019 | Sold | ||
| Sold | |||
| Feb 6, 2019 | Listed by Bennion Deville Homes | $585,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Sunny Lane Palm Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marilyn Bauer, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219004385DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219004385DA
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