Listed by: Signe Beck, Keller Williams Luxury Homes
$1,275,000
●
House -
Off Market
37400 PALM VIEW Road
Rancho Mirage, CA 92270
3 Beds
5 Baths,
1
Half Bath
5,275 Ft²
$2,167,353
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
This Sleek, Custom, Contemporary estate home is on the third
fairway of the Tamarisk golf course in Rancho Mirage. As you enter,
you will notice the seamless connection to the outdoors and
spacious living room/ dining room combo with vaulted ceilings,
clerestory windows ,and custom lighting. Its perfect for
entertaining with the anchored marble fireplace, wet bar, and
custom built-in buffet. The gourmet kitchen with granite slab
counters, center island and family room is the perfect space to
enjoy more intimate gatherings. If luxury desert living is what you
desire this home has it all: 3 luxuriously appointed bedroom suites
including the master wing that boasts private living room with
fireplace, dual private baths and enormous walk-in closets with
easy access to the pool and spa through a private entry.
Additionally, there is a spacious media room/office near the living
area. Its being sold with custom furnishings per inventory. Call us
to view this magnificent beauty today.
Unit Size
5,275 Ft²
Days on Market
326 days
Land Size
0.44 acres
Price per sqft
$256
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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 #216019794DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2017 | Sold | ||
| Sold | |||
| Jul 23, 2016 | Listed by Keller Williams Luxury Homes | $1,350,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Tamarisk Country Club
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Listed by: Signe Beck, Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216019794DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216019794DA
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