$1,480,000
●
House -
Off Market
37690 Golf Circle
Rancho Mirage, CA 92270
3 Beds
2 Baths
2,935 Ft²
$2,072,890
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
This Rancho Mirage Modern Masterpiece sits between the fairways of
Tamarisk County Club. Erected by MarVal Construction Company Inc.
in 1959, this iconic Mid-Century estate is sure to get your
attention. Spider leg beams on the front and back of the flat roof,
in conjunction with trapezoidal shapes throughout the 2,935 sq. ft.
structure, celebrate and inspire a design aesthetic that embraces
the desert environment. Freshly refurbished and repainted with
attention to restoring the home and preserving the historic
details. Original gleaming terrazzo dining room floor was expanded
into the kitchen, bathrooms and hallway with exacting detail.
Bathrooms retain their original tiles. Brand new Fleetwood steel
windows and sliders have been installed throughout the property to
provide energy efficiency and retain the historic look. The
oversized living room has ten foot ceilings with views of the
mountains and a massive (trapezoid) brick fireplace. The 27,000+
sq. ft. lot features a private pool, views of the Tamarisk C.C.
Golf Course and mountains beyond. New energy and water efficient
irrigation system. No HOA's. By appointment only.
Unit Size
2,935 Ft²
Days on Market
24 days
Land Size
0.62 acres
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #219044396PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 6, 2020 | Sold | ||
| Sold | |||
| Jun 12, 2020 | Listed by Bennion Deville Homes | $1,495,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
This Rancho Mirage Modern Masterpiece sits between the fairways of Tamarisk County Club. Erected by MarVal Construction Company Inc. in 1959, this iconic Mid-Century estate is sure to get your attention. Spider leg beams on the front and back of the flat roof, in conjunction with trapezoidal shapes throughout the 2,935 sq. ft. structure, celebrate and inspire a design aesthetic that embraces the desert environment. Freshly refurbished and repainted with attention to restoring the home and preserving the historic details. Original gleaming terrazzo dining room floor was expanded into the kitchen, bathrooms and hallway with exacting detail. Bathrooms retain their original tiles. Brand new Fleetwood steel windows and sliders have been installed throughout the property to provide energy efficiency and retain the historic look. The oversized living room has ten foot ceilings with views of the mountains and a massive (trapezoid) brick fireplace. The 27,000+ sq. ft. lot features a private pool, views of the Tamarisk C.C. Golf Course and mountains beyond. New energy and water efficient irrigation system. No HOA's. By appointment only.
| |||
| Mar 31, 2019 | No longer available | - | |
| No longer available | |||
| Mar 23, 2019 | Relisted | $1,249,000 | |
| Relisted | |||
| Mar 20, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Fireplace
With View
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 Tamarisk Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Encore Premier Group, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219044396PS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219044396PS
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