$590,000
●
House -
Off Market
5 Stonecrest Circle
Rancho Mirage, CA 92270
4 Beds
4 Baths
2,825 Ft²
$960,884
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Location is everything! Don't miss the opportunity to live in the
desirable gated community of Ridgeview Estates in Rancho Mirage
bordering Palm Desert. Enter this immaculate home through a private
gated courtyard with access to attached casita. Spacious great room
floor plan offering custom built-in entertainment center, surround
sound and cozy fireplace. The gourmet kitchen overlooking the
family room features custom cabinets, wine refrigerator, island
with 5 burner built in cook-top, slab granite counter tops,
breakfast nook area and counter seating. Perfect for entertaining.
Custom shutters throughout the entire house. Spacious master suite
with separate shower and large walk in closet w/built-ins. 2
additional guest rooms, casita and bonus room. Enjoy the mountain
views from your beautifully landscaped private backyard with
cascading waterfall and recently installed pebble-tech pool. Low
HOA's of $165 a mo. Minutes from El Paseo, shopping, dining,
McCallum theater and COD.
Unit Size
2,825 Ft²
Days on Market
309 days
Land Size
0.25 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
$165
Year Built
2000
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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 #217009208DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2018 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by HK Lane Real Estate | $609,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ridgeview
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Karen Dorn, HK Lane Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217009208DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 217009208DA
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