Listed by: Tina Airey, Coldwell Banker Realty
$185,000
●
Condo -
Off Market
6000 Montecito Drive #2
Palm Springs, CA 92264
3 Beds
3 Baths,
1
Half Bath
1,512 Ft²
$349,090
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
Active and friendly gated community of Mountain Shadows offers an
inviting remodeled condo with fresh paint, wood laminate flooring,
new fixtures, carpet and tile. Brand new kitchen cabinets,
stainless appliances, quartz counters in the kitchen and baths.
Great location near the pool, majestic mountain views, enclosed
back patio an covered parking. Low HOA's and no restrictions on
renting.
Unit Size
1,512 Ft²
Days on Market
61 days
Land Size
0.02 acres
Price per sqft
$129
Property Type
Condo
Property Taxes
-
HOA Dues
$310
Year Built
-
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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: 3 years ago (CRMLS #215008996DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2015 | Sold | ||
| Sold | |||
| Mar 13, 2015 | Listed by Coldwell Banker Realty | $194,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Parking Details
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 1
Interior Features: Separate Formal Dining Room
Appliances: Electric Range, Microwave
Flooring Type: Carpet, Laminate, Tile
Doors: Sliding Doors
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1972
Parcel Number: 681350020
Home Type: Residential
Private Pool
Pool Features: In Ground
Lot Size Source: Other
Lot Size Acres: 0.02
Location Details
Association Amenities: Maintenance Grounds, Management, Tennis Courts
Association Fee: $310
Association Fee Frequency: Monthly
Community Features: Golf
Directions: Hwy 111 to Golf Club, turn right into Mountain Shadow, through gate condo on left side. Cross Street: Golf Club Drive.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/09/2025
|
3 Bed
|
1 Bath
|
1327 ft²
|
$349,000
3 Bed
1 Bath
1327 ft²
|
$345,000
-1.15%
02/03/2026
|
Timothy McTavish
Pacific Sotheby's International Realty
| |
|
03/29/2022
|
4 Bed
|
3 Bath
|
1551 ft²
|
$439,900
4 Bed
3 Bath
1551 ft²
|
$459,000
+4.34%
04/22/2022
|
Barbara Carpenter
Windermere Real Estate
| |
|
05/20/2018
|
4 Bed
|
2 Bath
|
1551 ft²
|
$230,000
4 Bed
2 Bath
1551 ft²
|
$40,000
-82.61%
01/23/2019
|
Marilou Mangan
West Shores Realty, Inc.
| |
|
03/13/2015
|
3 Bed
|
3 Bath
|
1512 ft²
|
$194,900
3 Bed
3 Bath
1512 ft²
|
$185,000
-5.08%
05/13/2015
|
Tina Airey
Coldwell Banker Realty
|
Building Info
About Palm Springs
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Listed by: Tina Airey, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215008996DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215008996DA
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