Listed by: David Sidley, Desert Sotheby's International Realty
$1,150,000
●
House -
Off Market
5 Brandeis Circle
Rancho Mirage, CA 92270
3 Beds
3 Baths
2,908 Ft²
$1,011,592
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Coveted Doral floor plan with the most breathtaking views now
available. Completely renovated - nothing left to do but move
in and enjoy the desert lifestyle. Lavish main suite with
large walk-in closet, bathroom with above ground soaking tub, dual
vanities and separate shower. Chef's kitchen with massive
slab granite island and Viking appliances. Wet bar with wine
cooler. Fairway and mountain views from multiple outdoor
entertaining spaces. All behind the guarded gates at The
Springs where you'll enjoy a membership to the club, tennis,
pickleball, fitness center, fine and casual dining, newly
refurbished clubhouse and so much more! Exceptional offering.
Unit Size
2,908 Ft²
Days on Market
20 days
Land Size
0.12 acres
Price per sqft
$344
Property Type
House
Property Taxes
-
HOA Dues
$1,148
Year Built
1980
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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: 3 years ago (CRMLS #219078615DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Desert Sotheby's International Realty | $1,000,000 | |
| Listed by Desert Sotheby's International Realty | |||
| Oct 6, 2019 | No longer available | - | |
| No longer available | |||
| Aug 25, 2019 | Relisted | $875,000 | |
| Relisted | |||
| Aug 24, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Springs Country Club
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Listed by: David Sidley, Desert Sotheby's International Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219078615DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219078615DA
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