$820,000
●
House -
Off Market
6 University Circle
Rancho Mirage, CA 92270
4 Beds
3 Baths
3,665 Ft²
$1,142,269
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Great home in the gated community of Ivy League Estates in Rancho
Mirage! This property is located on one of the best lots in the
development, and has beautiful south facing mountain views
throughout the property! Property features include, spacious living
areas, high ceilings, slab granite counter tops, stainless steel
appliances, recessed lighting, large tile flooring, spacious master
bedroom, well appointed master bath, with large double headed
shower, formal dining room, and much more! The spacious resort
style backyard is perfect for entertaining,featuring a wonderful
pool & spa, palm trees, large covered area, and once again, those
beautiful south facing mountain views! This wonderful Rancho Mirage
home is a must see, and definitely one not to miss! Home is Solar
Powered!
Unit Size
3,665 Ft²
Days on Market
37 days
Land Size
0.35 acres
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$295
Year Built
2002
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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 #219047204DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Coldwell Banker Realty | $845,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Great home in the gated community of Ivy League Estates in Rancho Mirage! This property is located on one of the best lots in the development, and has beautiful south facing mountain views throughout the property! Property features include, spacious living areas, high ceilings, slab granite counter tops, stainless steel appliances, recessed lighting, large tile flooring, spacious master bedroom, well appointed master bath, with large double headed shower, formal dining room, and much more! The spacious resort style backyard is perfect for entertaining,featuring a wonderful pool & spa, palm trees, large covered area, and once again, those beautiful south facing mountain views! This wonderful Rancho Mirage home is a must see, and definitely one not to miss! Home is Solar Powered!
| |||
Property Highlights
Parking Available
Garage
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 Ivy League Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Geri Downs, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219047204DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219047204DA
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