1
Map
$468,000
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House -
Off Market
70325 Mottle Circle
Rancho Mirage, CA 92270
3 Beds
3 Baths
2,736 Ft²
$692,094
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
COSMETIC FIXER ALERT! This big house is ready to be
reimagined for your specific ideas! Excellent bones, big lot,
pool/spa and awesome separation of bedrooms. Super cool
fireplace anchoring the public areas! Oversized kitchen and
breakfast area. The possibilities are endless. Sewer was attached
in October 2019. This is a PROBATE sale and the seller will not be
participating in repairs or credits.
Unit Size
2,736 Ft²
Days on Market
73 days
Land Size
0.26 acres
Price per sqft
$174
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: 9 months ago (CRMLS #219032578PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Apr 6, 2020 | Listed by Susan Marie Chrnalogar | $549,800 | |
| Listed by Susan Marie Chrnalogar | |||
| | |||
|
UNDER $600K IN RANCHO MIRAGE! Don't miss this opportunity for the perfect cosmetic fixer. The remodeling plans have already been approved to convert this into a 4-bedroom home PLUS a vacation rental permit has been approved! This property is on a large lot including, mature fruit trees and a pool and spa. The living room and dining room showcase tongue and groove high ceilings made from pine wood. The living room features large glass sliders to your spacious backyard and a gas fireplace. Invite friends over with a built-in wet and dry bars. The open kitchen includes granite tile counter-tops and stainless-steel appliances. The master bedroom en-suite offers a sliding glass door to your backyard oasis. The master bathroom includes a stand-alone shower, sunken bathtub and a dual sink vanity. The second bedroom en-suite includes two closets and the third bedroom en-suite features a sliding glass door to the front patio. This property includes a two-car attached garage and enough room for RV parking! Livable and Loan-able. Call Susan with any questions, 760-464-6134
| |||
| Jan 7, 2020 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Keller Williams Luxury Homes | $475,000 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
COSMETIC FIXER ALERT! This big house is ready to be reimagined for your specific ideas! Excellent bones, big lot, pool/spa and awesome separation of bedrooms. Super cool fireplace anchoring the public areas! Oversized kitchen and breakfast area. The possibilities are endless. Sewer was attached in October 2019. This is a PROBATE sale and the seller will not be participating in repairs or credits.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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HOA + Taxes
About Tamarisk Country Club
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Listed by: Robert Kalin, Keller Williams Luxury Homes
Last Updated: 9 months ago
Data Source: CRMLS, MLS# 219032578PS
Last Updated: 9 months ago
Data Source: CRMLS, MLS# 219032578PS
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