$1,135,000
●
House -
Off Market
5 Hamlet Court
Rancho Mirage, CA 92270
2 Beds
1 Bath
3,271 Ft²
$1,169,255
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
This beautiful modified and expanded Augusta home is located in the
stunning community of Morningside, in the heart of Rancho Mirage.
It is ideally located on the golf course with big double
fairway and Chocolate mountains views. The home offers high
ceilings throughout and large picture windows to soak in these
views from the main living/dining area, master bedroom and
entertainer's wet-bar; in fact you'll be mesmerized by the views
and natural light the minute you walk through the front doors.
If you prefer a private area to relax you'll enjoy the
enclosed front courtyard and its western mountain views. This
home features two large master bedroom retreats each with its own
unique feature. One master has an extra large walk-in closet,
while the other has an attached den/office with built-in desk and
bookshelf, and ensuite. With some modifications this home
could easily be converted back to a full 3 bedroom home. Home
has recently been equipped with 57 panels of SOLAR, new HVAC system
and new tankless hot water system. Conveniently located just
steps from one of seven community pools and spas that were
re-plastered last summer. Offered furnished per Seller's
inventory list. Buyer to Assume or Pay off HERO loan for 2019
installed HVAC & Solar systems.
Unit Size
3,271 Ft²
Days on Market
99 days
Land Size
0.14 acres
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
$1,150
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: 10 months ago (CRMLS #219063800DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by BD Homes - Eldorado Properties | $1,800,000 | |
| Listed by BD Homes - Eldorado Properties | |||
| | |||
|
Offering a luxurious living experience, in Morningside Country Club, this home truly embodies the high-end lifestyle. This magnificent 3 bedrooms, 3 bathroom is not just a home but a feast for the eyes with its exquisite features and breathtaking fairway, south and west mountain views. Completely remodeled in 2021 with high end appliances, cabinetry and finishes you will enjoy cooking and entertaining in your chef's kitchen. Large open living room, dining room and sunken bar is perfect for entertaining your family and friends. Primary bedroom and bath are spacious with his and hers walk-in closets and views of the fairway and southern mountains. Guest bedroom is off the front courtyard and has a walk-in closet and it's own bathroom. The third bedroom is currently a family room, but can easily become a bedroom again and connects to the hall bathroom complete with shower. The private courtyard is perfect for outdoor entertaining with a built-in gas BBQ and many seating areas around the property, perfect for watching the golfers during the day and the sunset at dusk. Spacious 2 car plus golf cart garage. There is 57 panel owned solar on the roof. Tankless water heaters and new HVAC was put in during the remodel in 2021.
| |||
| Apr 10, 2023 | No longer available | - | |
| No longer available | |||
| Mar 31, 2023 | Price Decreased |
$1,999,000
↓ $196K
(8.9%) | |
| Price Decreased | |||
| Feb 14, 2023 | Listed by Bennion Deville Homes | $2,195,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
This elegant, remodeled 3,355sqft golf course home, with OWNED SOLAR, in Morningside CC, is move-in ready. It is located at the end of a cul-de-sac, close to a community pool & spa, and has views from east to west. Nothing is missing from these views, it has it all! In 2019 the home was outfitted with Solar, two new HVAC systems and a tankless hot water system. In 2021-2, the home underwent a large remodel which included new wood-grained tile floors throughout, paint inside and out, doors, hinges, handles, cabinets, countertops, baseboards, kitchen with Fisher & Paykel appliances, double drawer dishwashers, built-in fridge/freezer, bathrooms with walk-in showers, LED lighting, built-in BBQ, automatic roller shades, and Ring security system. Seller received a $500 credit from SCE in Dec 2022 from over production of electricity. This home is an absolute pleasure to show due to the quality of the renovations and its quiet location within the community. The manager has listed the unit size as 3355 square feet.
| |||
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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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Type
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ft²
Price/ft²
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Listed On
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About Morningside Country Club
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Listed by: Kymberly Dias, Bennion Deville Homes
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 219063800DA
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 219063800DA
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