Listed by: Nancy Jones, Bennion Deville Homes
$440,000
●
House -
Off Market
40 Columbia Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,060 Ft²
$759,708
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Don't want to spend too much on a golf course home in The Springs
CC? This 3 bedrm/ 3 bath 3060 sq ft SHAUGHNESSY floorplan has a new
look w/ professional staging just completed. High ceilings (10 - 12
ft) throughout w/ skylights make for a bright and airy feel. The
wrap around patio has a beautiful view of the golf course, lake &
western mountains. The atrium is now a library area w/ built in
cabinets & second fireplace for the master bedroom. Kitchen was
updated in the late 90's w/ granite counters, new cabinetry &
stainless appliances. Property has an ex-large enclosed south
facing courtyard & a pool could be added. Baths need updating. This
prestigious guard gated CC includes: fitness center, tennis &
social membership w/11 tennis courts & 46 community pools/spas & 10
rounds of golf included. Your HOA fee includes: exterior painting,
earthquake insurance, roof & landscape maintenance, cable, pest
control, 24-hour guard gate & house alarm monitoring.Come take a
second look!
Unit Size
3,060 Ft²
Days on Market
132 days
Land Size
0.12 acres
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
$915
Year Built
1983
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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 #216015448DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2016 | Sold | ||
| Sold | |||
| May 14, 2016 | Listed by Bennion Deville Homes | $450,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Springs Country Club
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Listed by: Nancy Jones, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216015448DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216015448DA
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