5 Exeter Court
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2026 | Listed by Compass | $1,630,000 | |
| Listed by Compass | |||
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Welcome to your desert sanctuary in prestigious Morningside Country Club! Nestled behind the gates on a quiet cul-de-sac, this beautifully updated Inverness model offers the perfect blend of warmth, style, and sophistication. Enjoy over 3,100 square feet of thoughtfully designed living space, featuring 3 spacious, nicely separated bedrooms and 3.5 baths. Off your living room and primary bedroom & bathroom, you'll appreciate sweeping greenbelt and tranquil golf course views that create a sense of openness and connection to nature. Meanwhile, your south-facing, private pool and spa offer a peaceful, secluded retreat with mountaintop vistas and all-day sunshine perfect for relaxing or entertaining in total privacy. Inside, gather around the generously sized fireplace in the expansive living room a rare and cozy centerpiece for cool desert evenings. The light-filled home also showcases elegant hardwood floors, a remodeled kitchen, and a reimagined bar with a striking leathered marble countertop ideal for hosting family and friends. Custom curtains, window shades, custom built-in bookshelves, and refaced vanity cabinets add refined, thoughtful touches throughout. Additional updates include a newer Trane HVAC system, newer water heater, electrical upgrades, and a newer washer and dryer, ensuring modern comfort and peace of mind. Beyond your doorstep, enjoy a prime Rancho Mirage location close to world-class shopping, fine dining, and endless outdoor activities, allowing you to fully embrace the desert lifestyle. Most furnishings are available under a separate contract, offering a turnkey option for those ready to move right in.
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| Oct 26, 2018 | Sold | ||
| Sold | |||
| Apr 20, 2018 | Listed by Bennion Deville Homes | $615,000 | |
| Listed by Bennion Deville Homes | |||
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Located at the end of a cul-de-sac this Inverness model home features maple hardwood flooring and shutters throughout. Granite counters in kitchen, bar, and bathrooms. The private pool and spa area faces south for all day sun and mountain view. Pool deck has area for outdoor barbecue. Rear patio with golf course view has a fire pit perfect for evening relaxation. A unique home in that you can have a golf course view without the hazards of living on the course. The home is unfurnished and ready for the buyer wanting to add all their own personal touches. Call for a private showing. Motivated! Now Accepting Back/up Offers!!
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About Morningside Country Club
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017