$357,000
●
House -
Off Market
37320 Palmdale Road
Rancho Mirage, CA 92270
2 Beds
2 Baths
960 Ft²
$526,659
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
This home has a great sense of calm...a good vibe that previous
owners have loved living here. The Location! The Yard! The Curb
appeal! Privacy..serenity..lush green grass..located in the
Tamarisk Country Club area and a block to Tamarisk Golf Course.
Mid-Century, 2BR/2BA, built in 1963 with a newer roof, updated
flooring, remodeled kitchen, new carpet, new paint, newer AC unit
and the gorgeous rear yard has plenty of room for a pool/spa.
Covered rear patio. French doors off of both bedrooms and the front
living rm. Slider off of the kitchen. The sound of birds, the sound
of silence. This is an area where leisure walking in the streets is
a commodity. A convenient location with tree lined streets in
Rancho Mirage. Welcome Home, you will be glad to call it yours.
Buyer to do own due diligence and inspections also with regard to
short term rentals visit City of Rancho Mirage website.
Unit Size
960 Ft²
Days on Market
126 days
Land Size
0.16 acres
Price per sqft
$372
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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: 5 months ago (CRMLS #219000403DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | Listed by Equity Union | $799,000 | |
| Listed by Equity Union | |||
| | |||
|
Mid-century ranch in the heart of the coveted Tamarisk area. Spectacular pool and spa and large grassy yard makes this home stand out. Two bedrooms and two baths - all with French doors to private gardens. Open kitchen with granite tile counters and newer appliances. Offered furnished so its perfect for the weekender, snowbirds or full timer. Updated mechanicals including HVAC, water heater, alarm system, Tesla charger. Tall hedges for total privacy. The heavy lifting is done - just move in and enjoy! Exceptional offering.
| |||
| May 10, 2019 | Sold | ||
| Sold | |||
| Jan 4, 2019 | Listed by Bennion Deville Homes | $357,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Tamarisk Country Club
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Currently no similar homes aroundNearby Rentals
Listed by: RoseAnne Foxx, Bennion Deville Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219000403DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219000403DA
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