Listed by: Carly Butterfield, Thunderbird Realty
$2,900,000
●
House -
Off Market
70321 Calico Road
Rancho Mirage, CA 92270
3 Beds
4 Baths,
1
Half Bath
2,695 Ft²
$16,049
Est. Monthly
$582
HOA / Fees
2.06%
Cap Rate
About This Property
Nestled behind the exclusive gates of Thunderbird Heights, 70321
Calico Road embodies modern luxury. Fully renovated in 2024, this
contemporary sanctuary features breathtaking views, a new roof,
HVAC system, pool equipment, appliances, plumbing, new septic tank
and so much more. The sleek design flows seamlessly throughout the
three spacious bedrooms and three and a half stylish bathrooms each
designed to be a private retreat. As you enter, you're welcomed by
an open-concept living area, perfect for both relaxation and
entertaining. The state-of-the-art kitchen, equipped with top-tier
appliances, opens to a stunning outdoor space. Here, you'll find an
outdoor kitchen and two cozy fire pits, ideal for alfresco dining
and gatherings under the stars providing a stunning backdrop for
any occasion. 70321 Calico Road offers a perfect blend of privacy
and sophistication. Experience the pinnacle of modern living in
this meticulously updated sanctuary.
Unit Size
2,695 Ft²
Days on Market
143 days
Land Size
0.50 acres
Price per sqft
$1,169
Property Type
House
Property Taxes
-
HOA Dues
$582
Year Built
1961
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Cap Rate Calculator
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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: 2 years ago (CRMLS #219114879DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Price Decreased |
$3,149,900
↓ $150K
(4.6%) | |
| Price Decreased | |||
| Oct 8, 2024 | Relisted | $3,300,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Garage
Air Conditioning
With View
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 Thunderbird
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Listed by: Carly Butterfield, Thunderbird Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219114879DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219114879DA
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