Listed by: Susan Winters-McIntosh, Bennion Deville Homes
$1,397,000
●
House -
Off Market
40667 Paxton Drive
Rancho Mirage, CA 92270
4 Beds
5 Baths,
1
Half Bath
4,121 Ft²
$2,677,726
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
Location! Location! Guard-gated Thunderbird Terrace! Just a short
golf cart ride to Thunderbird C.C., the Valley's first 18 hole golf
course, w/famous early members including Desi Arnaz, Lucille Ball,
Bob & Dolores Hope. Later this exclusive community became home to
President Gerald Ford & his wife Betty. This Newer classic
contemporary home offers wide open spaces both inside and out,
wonderful for lavish entertaining or quiet family living. Formal
Living & Dining room have walls of glass that view the Lake & the
Breathtaking Mountains! Large Chef's Kitchen with 2 dishwashers,
warming drawer, double ovens, wine captain & refrigerator...all
Viking! The kitchen opens to a great room w/sliding glass walls
that disappear giving the true desert indoor/outdoor feel! 4
Generous BDRM suites, inclusive of a private guest house. Limestone
tiled flooring, 3 fireplaces, one near pool & outdoor kitchen
w/BBQ, newly remodeled pebbletech pool & spa w/sheer decent water
falls. Furniture option avail.
Unit Size
4,121 Ft²
Days on Market
138 days
Land Size
0.58 acres
Price per sqft
$363
Property Type
House
Property Taxes
-
HOA Dues
$600
Year Built
2005
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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 #214088605DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2020 | No longer available | - | |
| No longer available | |||
| Aug 30, 2019 | No longer available | - | |
| No longer available | |||
| Aug 28, 2019 | Listed | $1,625,000 | |
| Listed | |||
| | |||
|
Thunderbird Terrace! This sensational contemporary home offers wide open spaces for lavish entertaining or quiet family living. Formal Living & Dining w/ Family room (Great room Design) have walls of glass that view the Lake & the Breathtaking Mountains! Large Chef's Kitchen with 2 dishwashers, warming drawer, double ovens, wine captain & refrigerator...all Viking! Countertops are black matte granite. Custom self-closing cabinets with dovetail construction. 4 Generous bedroom suites, inclusive of a private guest house. Simply gorgeous limestone tiled flooring, 3 fireplaces, one outdoor. Fabulous outdoor Viking kitchen w/BBQ, newly remodeled pebble-tech pool & spa w/sheer decent water falls. Guard-gated community and just a short golf cart ride to Thunderbird C.C., the Valley's first 18 hole golf course, w/famous early members including Desi Arnaz, Lucille Ball, Bob & Dolores Hope. Later this exclusive community became home to President Gerald Ford & his wife Betty. The manager has listed the unit size as 4121 square feet.
| |||
| Feb 27, 2019 | Listed | $1,625,000 | |
| Listed | |||
| | |||
|
Thunderbird Terrace! This sensational contemporary home offers wide open spaces for lavish entertaining or quiet family living. Formal Living & Dining w/ Family room (Great room Design) have walls of glass that view the Lake & the Breathtaking Mountains! Large Chef's Kitchen with 2 dishwashers, warming drawer, double ovens, wine captain & refrigerator...all Viking! Countertops are black matte granite. Custom self-closing cabinets with dovetail construction. 4 Generous bedroom suites, inclusive of a private guest house. Simply gorgeous limestone tiled flooring, 3 fireplaces, one outdoor. Fabulous outdoor Viking kitchen w/BBQ, newly remodeled pebble-tech pool & spa w/sheer decent water falls. Guard-gated community and just a short golf cart ride to Thunderbird C.C., the Valley's first 18 hole golf course, w/famous early members including Desi Arnaz, Lucille Ball, Bob & Dolores Hope. Later this exclusive community became home to President Gerald Ford & his wife Betty. The manager has listed the unit size as 4121 square feet.
| |||
| May 18, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Thunderbird
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Listed by: Susan Winters-McIntosh, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214088605DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214088605DA
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