$500,000
●
House -
Off Market
70091 Chappel Road
Rancho Mirage, CA 92270
3 Beds
1 Bath
1,200 Ft²
$2,598
Est. Monthly
About This Property
Opportunity is knocking if you are looking for a single family
home, in the established Tamarisk neighborhood in Rancho Mirage.
South Facing backyard with beautiful South and West Mountain Views
and no neighbor behind. This home has been remodeled and is move-in
condition. Energy efficient upgrades include the HVAC, Roof/Foam,
Dual Pane Solar Windows and sliding doors [with transferable
warranty], upgraded electrical panel plus interior and exterior
painting. There is a primary bedroom w/en suite, a second bedroom
adjacent to the hall bathroom plus a third bedroom with the option
for a home office/den or work out area. Easy to maintain tile
floor throughout. The lot provides room for a pool/spa, kids or pet
play area or sport activities. There is an attached Carport and
circular driveway with room for additional vehicles. Centrally
located with easy access to restaurants, shopping, hiking, theaters
and a 20 minute drive to Palm Springs International Airport. You
OWN the LANDThere is NO land lease here. No HOA
Unit Size
1,200 Ft²
Days on Market
125 days
Land Size
0.17 acres
Price per sqft
$441
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 11 months ago (CRMLS #219133531DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Aug 2, 2025 | Listed by Bennion Deville Homes | $529,000 | |
| Listed by Bennion Deville Homes | |||
| Jul 10, 2025 | Relisted | $529,000 | |
| Relisted | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Parking Available
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 Tamarisk Country Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marilyn Bauer, Bennion Deville Homes
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 219133531DA
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 219133531DA
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