$540,000
●
House -
Off Market
59 Sierra Madre Way
Rancho Mirage, CA 92270
3 Beds
2 Baths
2,473 Ft²
$806,098
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Welcome home to your private oasis! This peaceful retreat features
3 bedrooms & 3 full upgraded bathrooms. Melt your troubles away in
your large master suite with spa-like amenities. Let the new
jacuzzi with chromotherapy relax your tired muscles before you step
into your glass enclosed rain shower. Entertain your guests in the
sunken living room with full wet bar or invite them to dive into
the 9' deep solar heated pool before catching some shade under the
solar powered awning. This bright & open home also features new
double paned windows, tile and marble flooring to help keep you
cool on those hot summer days. You really can't ask for more with
central location, low HOA fees & quiet neighborhood.
Unit Size
2,473 Ft²
Days on Market
56 days
Land Size
0.23 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
$365
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: 5 months ago (CRMLS #219019967DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Aug 2, 2019 | Listed by Keller Williams Realty | $550,000 | |
| Listed by Keller Williams Realty | |||
| Jun 30, 2019 | No longer available | - | |
| No longer available | |||
| Mar 27, 2019 | Listed | $575,000 | |
| Listed | |||
| | |||
|
Fine desert living is offered in this Rancho Mirage property within the gated community of Country Club Estates. Great curb appeal and a flagstone driveway carries through the walkway to the charming entry courtyard with a soothing fountain. This nicely updated home offers 3 large bedrooms, 3 bathrooms, an oversized step-down great room complete with wet bar & fireplace and connects to the dining room. The granite kitchen opens to a morning room perfect for casual dining. The home is filled with natural light coming through the new windows and sliding glass doors throughout the home. The master suite has a retreat perfect for exercise or office and the bathroom has been stunningly remodeled with a spa-like feel. The rear yard is a perfect blend of sun & shade and is beautifully accented by lush landscaping including many palm & citrus trees and both covered and open patio space. The large pool is 9' deep and solar heated and has a spa. This home is sure to provide endless enjoyment. The manager has listed the unit size as 2473 square feet.
| |||
| Feb 12, 2019 | No longer available | - | |
| No longer available | |||
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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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ft²
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About Coutry Club Estates
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Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219019967DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219019967DA
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