Listed by: Robyn Greenspan, RE/MAX Consultants
$295,000
●
House -
Off Market
70191 Chappel Road
Rancho Mirage, CA 92270
2 Beds
2 Baths
960 Ft²
$594,646
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model
About This Property
****A REAL GEM Rancho Mirage property with a FABULOUS & SPACIOUS
SOUTH facing backyard as well as a SUN ROOM that has NOT been
included in the square footage but is a nice space overlooking the
pool/backyard. This home is simply ready for you to move in!!
Nothing to do but enjoy the RESORT style living this home and area
has to offer**********************
Unit Size
960 Ft²
Days on Market
110 days
Land Size
0.16 acres
Price per sqft
$332
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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 #214023759DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2021 | Sold | ||
| Sold | |||
| Jun 19, 2021 | Listed by Desert Sotheby's International Realty | $689,000 | |
| Listed by Desert Sotheby's International Realty | |||
| | |||
|
Nestled on a south facing lot in the coveted Tamarisk area, you'll find this gem. Completely refreshed by current owner - not a flip. Open kitchen with center island and black stainless KitchenAid appliances. Newer lighting, tile floors and bathrooms. Sparkling pebble finish swimming pool with spa and tanning shelf. Tankless hot water heater, LED lighting and the list goes on and on. No homeowner's association. Great palm tree lined street. Exceptional offering.
| |||
| Oct 7, 2014 | Sold | ||
| Sold | |||
| Jun 19, 2014 | Listed by RE/MAX Consultants | $319,000 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Tamarisk Country Club
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Listed by: Robyn Greenspan, RE/MAX Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214023759DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214023759DA
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