$3,025,000
●
House -
Off Market
70305 Thunderbird Road
Rancho Mirage, CA 92270
6 Beds
6 Baths,
3
Half Baths
9,156 Ft²
$4,454,171
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Thunderbird Country Club has a prolific history that is the very
embodiment of the 1937 classic song 'Hooray for Hollywood'. Opened
in 1951, the country club has been a favorite of celebrities
including Bing Crosby, Bob Hope and Lucille Ball. A playground for
United States Presidents, seven Presidents have played this desert
gem, with three
Unit Size
9,156 Ft²
Days on Market
239 days
Land Size
1.08 acres
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
$420
Year Built
1995
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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: 4 months ago (CRMLS #219036395DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $3,295,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
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Thunderbird Country Club has a prolific history that is the very embodiment of the 1937 classic song 'Hooray for Hollywood'. Opened in 1951, the country club has been a favorite of celebrities including Bing Crosby, Bob Hope and Lucille Ball. A playground for United States Presidents, seven Presidents have played this desert gem, with three
| |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $3,900,000 | |
| Listed | |||
| | |||
|
Contemporary sophistication characterizes this glamorous home in one of the most popular neighborhoods. This beautifully executed estate welcomes you - imagine the entertaining on a grand scale in the living room/great room combination. Custom style is displayed throughout the interior with warm harmonizing colors, pristine custom flooring, sparkling granite and artistic touches. The gourmet kitchen is expansive with richly finished cabinetry, tile, granite countertops and stainless steel appliances. The inviting, private master retreat is tastefully appointed and comprised of all the sparkling elements of fine design. Guests and family members are perfectly accommodated with private bedrooms and a guest house. The grounds match perfectly the the ambiance of this impressive estate. Private backyard with peaceful entertainment patio Large private pool and spa. New foam roof and full solar electrical system installed in 2013. It takes a special home to help create lasting memories. The manager has listed the unit size as 9156 square feet.
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Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Thunderbird
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Listed by: Krista Coyle, Berkshire Hathaway HomeServices California Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219036395DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219036395DA
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