$4,600,000
●
House -
Off Market
61605 Goodwood Dr
Thermal, CA 92274
5 Beds
5 Baths,
1
Half Bath
8,561 Ft²
$23,574
Est. Monthly
$250
HOA / Fees
1.20%
Cap Rate
About This Property
Villa #65 - 8,561 SF Modern Luxury Villa. Fully furnished 5 beds/5
baths/1 powder room. Garage space for 10 cars. Amazing views of the
Track and Surrounding Mountains. Premium lot location on the Track.
The Thermal Club Motorsports facility has 5 miles of private
pavement and luxury amenities including two clubhouses, three
restaurants, meeting and banquet building, full service spa,
fitness center, a highly appointed 48-villa hotel, tennis,
pickleball, kids club, karting, racing, driver training, storage
and repair facilities. Purchasing a Villa/Lot at The Thermal Club
Requires purchasing a membership. Standard family membership has a
one-time initiation fee of $200,000 plus membership dues of
$2,400/month and a $350/month ground maintenance fee per lot per
month. Brochure can be downloadable in 'Document' tab. *We cannot
guarantee the accuracy or square footage, lot size or other
information concerning the condition or features of property
provided by the Seller or obtained from public records or other
sources. The Buyer is advised to independently verify the accuracy
of all information through personal and professional inspections.
Unit Size
8,561 Ft²
Days on Market
373 days
Land Size
0.21 acres
Price per sqft
$555
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
2016
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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 #219094450DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| May 3, 2023 | No longer available | - | |
| No longer available | |||
| Nov 6, 2022 | Listed by Desert Pacific Properties | $5,500,000 | |
| Listed by Desert Pacific Properties | |||
| | |||
|
Introducing 61605 Goodwood Drive (Villa #65) located in The Thermal Club - the ultimate private Motorsports facility with access to 5.1miles of private pavement and luxury amenities for members including pool, full service spa, tennis, pickleball, kids club, Karting, racing, driver training, storage and repair facilities. Recently built highly appointed hotel is located within the club to house your guests. This luxury, custom built, residence has a modern open floor plan and spacious living area that overlooks the Thermal Club Race Track as well as Panoramic desert and mountain views - ideal for privacy and entertaining alike. The Residence is located above the 14 car garage, accessible by stairs or elevator. Don't just look at photos come experience this for yourself! Homeownership requires a membership a the club. Standard family membership has a one-time initiation fee of $175,000 plus membership dues of $2,400/ month and a small $250/month ground maintenance fee per lot per month. The manager has listed the unit size as 7900 square feet.
| |||
| Nov 3, 2022 | No longer available | - | |
| No longer available | |||
| Jun 24, 2022 | Listed by Desert Pacific Properties | $5,500,000 | |
| Listed by Desert Pacific Properties | |||
| | |||
|
Introducing 61605 Goodwood Drive (Villa #65) located in The Thermal Club - the ultimate private Motorsports facility with access to 5.1 miles of private pavement and luxury amenities for members including pool, full service spa, tennis, pickleball, kids club, Karting, racing, driver training, storage and repair facilities. Recently built highly appointed hotel is located within the club to house your guests. This luxury, custom built, residence has a modern open floor plan and spacious living area that overlooks the Thermal Club Race Track as well as Panoramic desert and mountain views - ideal for privacy and entertaining alike. The Residence is located above the 14 car garage, accessible by stairs or elevator. Don't just look at photos come experience this for yourself! Homeownership requires a membership a the club. Standard family membership has a one-time initiation fee of $175,000 plus membership dues of $2,400/month and a small $250/month ground maintenance fee per lot per month. The manager has listed the unit size as 7900 square feet.
| |||
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Property Highlights
Air Conditioning
Elevator
Garage
Parking Available
With View
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 Riverside
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Listed by: Susan Harvey, Desert Pacific Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219094450DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219094450DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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