Listed by: Brad Schmett Real Esta..., Brad Schmett Real Estate Group
$435,000
●
House -
Off Market
70100 Chappel Road
Rancho Mirage, CA 92270
2 Beds
2 Baths
960 Ft²
$505,512
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Laid-back mid-century style meets contemporary comfort in this
updated move-in ready Rancho Mirage home. This ideal floorplan
spans one level with generous and open-concept living spaces,
including a light-filled kitchen, dining, and family room. On cozy
winter nights you can host guests in the living room around stone
fireplace. Carpet floors, neutral color tones, plantation shutters,
and recessed lighting offer a clean and fresh touch. Ceiling fans
add an optional and efficient breeze. Ready for the home chef is
the eat-in kitchen offering ample countertop space, sleek black
appliances, and plenty of storage with ample cabinetry. You're also
sure to love the well-sized bedrooms, large and private backyard,
easy-care landscaping, and circular driveway. Those who like to
explore the outdoors will appreciate the array of recreational
activities on offer, including picturesque hiking trails and a host
of restaurants, entertainment options, and shopping nearby. Craving
a relaxed lifestyle? This single-level, comfortable home could be
just what you're looking for! Why just read about it when you can
come see it all for yourself?
Unit Size
960 Ft²
Days on Market
48 days
Land Size
0.17 acres
Price per sqft
$443
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: 3 years ago (CRMLS #219059026DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Brad Schmett Real Estate Group | $425,000 | |
| Listed by Brad Schmett Real Estate Group | |||
Property Highlights
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 Tamarisk Country Club
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Listed by: Brad Schmett Real Esta..., Brad Schmett Real Estate Group
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219059026DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219059026DA
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