$542,450
●
House -
Off Market
70305 MOTTLE Circle
Rancho Mirage, CA 92270
3 Beds
2 Baths
2,439 Ft²
$822,560
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Rancho Mirage with no HOA dues! This expansive desert retreat is
located in the coveted Tamarisk area of Rancho Mirage which is the
exclusive residential area that is surrounded by Tamarisk Country
Club, Mission Hills Country Club and The Sunnylands Estate/former
home of Ambassador Walter Annenberg. In a neighborhood of million
dollars homes is this rustic Mediterranean style home. Pebble Tec
pool and spa on a sweeping corner lot with desert landscaping and
citrus trees and stunning mountain views! The kitchen has been
updated with custom painted cabinets, quartz counter tops and glass
back splash and new island stove. The living room features a
vaulted ceiling and focal point fireplace for cozy winter evenings.
The large master suite features a vaulted ceiling, small
office/vanity area, cedar-lined walk-in closet and an original
Roman tub for European-style bathing. Freshly painted in and out,
it's the perfect place for upscale living.
Unit Size
2,439 Ft²
Days on Market
34 days
Land Size
0.26 acres
Price per sqft
$225
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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: 6 months ago (CRMLS #19429976PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by Bennion Deville Homes | $849,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Beautiful home located in the prestigious area of Tamarisk Heights, highly desirable with no HOA dues. Prime corner location features low-maintenance desert landscape, citrus trees and beautiful mountain views. Large private backyard with a Pebble tec pool and spa, covered patio for outdoor dining and lots of space to entertain family and friends. Tile flooring, recessed lighting and plantation shutters throughout. Vaulted ceiling and cozy flag stone wrapped fireplace in the living room for added warmth. The chefs island kitchen features a breakfast bar, beautiful cabinetry and stainless-steel appliances. Light and bright master suite with vaulted ceiling and built-in vanity. Master bathroom features a roman style tub and dual vanity. The large walk-in closet is lined in aromatic cedar. You'll also enjoy being able to slip out into the spa from the master. Don't miss the opportunity to own in this elite area of Rancho Mirage. Very few homes available, this one won't last.
| |||
| Mar 6, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by Redfin Corporation | $549,900 | |
| Listed by Redfin Corporation | |||
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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ft²
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HOA + Taxes
About Tamarisk Country Club
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Listed by: Nikkolene Byron, Redfin Corporation
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 19429976PS
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 19429976PS
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