Listed by: Bob and Toni Garmisa Team, Bennion Deville Homes
$439,000
●
House -
Off Market
51 Cornell Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,104 Ft²
$865,381
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model
About This Property
This marvelous home is being offered furnished per inventory and
was decorated by famed designer Jeffery Jones. The home has
beautiful marble and tile floors, granite counters in the kitchen,
and wooden floors in the morning room. The two master bedroom
suites each have king size beds, walk in closets, and TV's. The
third bedroom is being used as a den/office and has a sectional
sofa with hide-a-bed and large screen TV. The living room-dining
room area is beautifully furnished and has a game table, fireplace,
and step down bar with green belt, mountain, and golf course views.
The morning room has wood floors with sofa, table, chairs, and TV.
Nice size back patio with community pool nearby. The two car plus
golf cart garage has direct access into the indoor laundry room.
This home is for the discriminating buyer.
Unit Size
3,104 Ft²
Days on Market
35 days
Land Size
0.12 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
$760
Year Built
1979
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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 #213008746DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $649,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
This lovely home sits on the golf course and has a lovely fairway view. Welcome to The Springs Country Club. One of the most prestigious guard gated golf developments in Rancho Mirage. Furnishings are available! The wide open living formal dining and bar areas are an entertainer's delight. This is the popular Broadmoor floor plan with a sunken entertainers bar. The kitchen has been renovated with new cabinets and top quality stainless steel appliances. Built-ins in the master bedroom and Den/3rd bedroom. Very quiet location 3 doors from a beautiful community pool/spa area. Upgraded light fixtures and plush carpet. The amenities at the Springs are endless, and the quality of construction of these beautiful homes is unsurpassed. Come see why Senators, former Vice-Presidents and heads of many major corporations have made The Springs Country Club their home. Please view the virtual tour. Furniture available outside of escrow. Be sure to see the 3D Virtual Tour and Floorplan!
| |||
| Sep 5, 2020 | No longer available | - | |
| No longer available | |||
| Jul 23, 2020 | Price Decreased |
$599,900
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Mar 27, 2020 | Listed | $649,900 | |
| Listed | |||
| | |||
|
Virtual Tour/ Matterport Showcase - https://my.matterport.com/show/?m=SpZL2ikfMRT&mls=1 Welcome to The Springs Country Club. One of the most prestigious guard gated golf developments in Rancho Mirage. This lovely home sits on the golf course and has a lovely fairway view. It is offered turn key furnished and ready for your enjoyment. The wide open living formal dining and bar areas are an entertainer's delight. This is the ever popular Broadmoor floor plan with a sunken entertainers bar. The kitchen has been renovated with new cabinets and top quality stainless steel appliances. Built-ins in the master bedroom and Den/3rd bedroom. Very quiet location 3 doors from a beautiful community pool/spa area. Upgraded light fixtures and plush carpet. The amenities at the Springs are endless, and the quality of construction of these beautiful homes is unsurpassed. Come see why Senators, former Vice-Presidents and heads of many major corporations have made The Springs Country Club their home. Please view the virtual tour. The manager has listed the unit size as 3104 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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About Springs Country Club
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Listed by: Bob and Toni Garmisa Team, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213008746DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213008746DA
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