$552,000
●
House -
Off Market
40250 Paseo Lindo
Rancho Mirage, CA 92270
3 Beds
3 Baths
2,641 Ft²
$874,019
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Stunning elevated Valley & Mountain Views, great indoor & outdoor
living space with expansive private pie shape lot & walls of glass.
This beautiful Spanish Villa with a touch of classic architectural
design offers 3 bedrooms, 3 baths 2641 SqFt of open living space
with an elegant courtyard entry, lg rear patio w/ water fountain &
private Spa. End unit located on a cul de sac this large open floor
plan with great bedroom separation each with their own ensuite.
Separate dining area adjacent to the great room, kitchen with
access to the large rear patio. Seller's confirmed the HVAC & Roof
are newer as is the pavers on driveway & walk. The home is sold
furnished per Sellers inventory list. Multiple pools, fabulous
onsite management, full security with golf cart access to
Thunderbird CC for members. Conveniently located to the River and
Palm Springs. This Villa has had some improvements & ready for you
to create your space!
Unit Size
2,641 Ft²
Days on Market
62 days
Land Size
0.10 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
$850
Year Built
1969
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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 #219006199DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by Bennion Deville Homes | $589,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Thunderbird
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Listed by: Diane Clervi-Gillis, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219006199DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219006199DA
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