$620,000
●
House -
Off Market
68 Calle Rivero
Rancho Mirage, CA 92270
4 Beds
3 Baths,
1
Half Bath
2,800 Ft²
$3,874
Est. Monthly
$785
HOA / Fees
9.00%
Cap Rate
About This Property
Mediterranean inspired design with 4BR and 4.5BA. Interior
features Brazilian Koa hardwood floors, a vaulted beam ceiling,
floor-to-ceiling fireplace and double French doors for easy access
to a covered patio and gardens. The kitchen has a gas cooktop,
tiled counter seating, breakfast nook and patio access. Appliances
are included. The main bedroom features a walk-in closet + wall
closet, ensuite with dual sinks, soaking tub + shower. Two guest
bedrooms each have private ensuites. The upstairs 4th BR [approx
360 sf] with 3/4 ba could also function as a home office, workout,
play area or craft room. There is a huge laundry room with a sink,
wall pantry plus an abundance of storage. A detached 3-car garage
has an evaporative cooler + attic access with storage. The interior
is spacious, the bedrooms offer privacy. Sold in 'AS IS' condition. This is a great opportunity to personalize it to
suit your needs. The community features four pools/spas plus tennis
+ pickleball.
Unit Size
2,800 Ft²
Days on Market
218 days
Land Size
0.18 acres
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
$785
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: 2 years ago (CRMLS #219118803DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Oct 24, 2024 | Listed by Bennion Deville Homes | $629,000 | |
| Listed by Bennion Deville Homes | |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by Bennion Deville Homes | $630,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
This Mediterranean-inspired home is in meticulous condition. A light filled interior features a vaulted beamed ceiling in the living room, center fireplace flanked by double French doors and Brazilian Koa Hardwood floors. The kitchen has double ovens, gas cooktop and a cheery breakfast nook with access to the outdoor cooking area. Three spacious bedrooms, each with en suite and a powder room, are on the main floor. An upstairs 4th BR with 3/4 BA could also function as a large home office, work out or play room, craft or art studio. Other interior features include a laundry room with sink and an abundance of storage. The three car garage has attic storage. Casas de Seville is a low density community with 72 private residences with access to lush greenbelts, four community pools/spas and two tennis courts. Rancho Mirage offers close proximity to excellent dining, shopping, Eisenhower Health, Rancho Mirage Library and Observatory, Wolfson Park, hiking trails and Palm Springs International Airport is within a twenty minute drive.
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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 Casas de Seville
Similar Homes for Sale
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Listed by: Marilyn Bauer, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219118803DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219118803DA
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