70209 Calico Road
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by Coldwell Banker Realty | $1,400,000 | |
| Listed by Coldwell Banker Realty | |||
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Unique 1.26 acre property with Panoramic views in Thunderbird Heights. This 3810 Sq Ft home needs attention and someone with vision could turn this into a spectacular home in the desert. Possibilities abound with gated private drive, private lighted tennis court, private pool and spa and detached guest house. Enter the double doors and step into a bit of old Hollywood with a Spanish influence. The dramatic formal entry has walls of windows that highlight the view of the valley and nearby mountains. Entertain family and friends in the huge living room with beamed ceilings, fireplace and access to the pool and tennis court. Gorgeous Saltillo tiles and arches throughout the common areas give this home a lovely ambience. The spacious master suite has another fireplace and boasts separate shower and tub areas, two toilets, double sink, single sink and sauna. Conveniently located in beautiful Rancho Mirage, Playground of Presidents, close to all the desert lifestyle has to offer with golf, fine dining, casinos, art galleries, hiking, biking or just relaxing. Palm Springs International Airport is just 20 minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017