37801 Thompson Road
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2020 | No longer available | - | |
| No longer available | |||
| Mar 17, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed | $2,495,000 | |
| Listed | |||
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Inspired by the master of modern cubist design, architect Ricardo Legorreta, this contemporary estate on the 16th fairway of the Tamarisk Country Club in Rancho Mirage is a modern testament to the power of collaboration. Working with the owners, three of Legorreta's disciples, Bill Bernstein, Gerardo Alonso and Carlos Zubieta, created a colorful and welcoming residence that is impressively private, open and light. A motorcourt leads to a gated courtyard with shade trees and ample room for relaxation. Indoors, where a single-level floorplan measures approx. 3,528 s.f., high wood-beamed ceilings, barrel ceilings, massive picture windows and polished concrete floors create a casual yet artistic living environment. Four ensuite bedrooms and 4.5 baths are joined by an oversized kitchen, dining and great room area with fireplace, w course views enrich a .44-acre homesite that is characterized by a pool, spa, classic Legorreta-style trellis and a fireplace. waterfall island and premium appliances. Grand in proportion, the master suite opens to the backyard and displays built-in cabinetry and shelving, a sitting area, and skylights over a double-sized shower. Spectacular views too! The manager has listed the unit size as 3528 square feet.
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| Feb 1, 2020 | Listed by Compass | $2,495,000 | |
| Listed by Compass | |||
| | |||
|
Inspired by the master of modern cubist design, architect Ricardo Legorreta, this contemporary estate on the 16th fairway of the Tamarisk Country Club in Rancho Mirage is a modern testament to the power of collaboration. Working with the owners, three of Legorreta's disciples, Bill Bernstein, Gerardo Alonso and Carlos Zubieta, created a colorful and welcoming residence that is impressively private, open and light. A motorcourt leads to a gated courtyard with shade trees and ample room for relaxation. Indoors, where a single-level floorplan measures approx. 3,528 s.f., high wood-beamed ceilings, barrel ceilings, massive picture windows and polished concrete floors create a casual yet artistic living environment. Four ensuite bedrooms and 4.5 baths are joined by an oversized kitchen, dining and great room area with fireplace, w course views enrich a .44-acre homesite that is characterized by a pool, spa, classic Legorreta-style trellis and a fireplace. waterfall island and premium appliances. Grand in proportion, the master suite opens to the backyard and displays built-in cabinetry and shelving, a sitting area, and skylights over a double-sized shower. Spectacular views too!
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| Jun 6, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017