Listed by: Mark Freeman, Judy Graff Properties
$865,000
●
House -
Off Market
71742 Tunis Road
Rancho Mirage, CA 92270
3 Beds
2 Baths
1,238 Ft²
$4,174
Est. Monthly
About This Property
Classic Mid Century Modern masterpiece built in 1956 has been
recently updated with architectural design integrity. Sleek
styling abounds throughout this 3 bedroom + 1.75 bath
TURN-KEY FURNISHED POOL RESIDENCE. An open floor plan with vaulted
ceilings and clerestory windows features kitchen with stainless
steel appliances, quartz counters, abundant cabinetry and breakfast
bar. Living room w/fireplace and dining area + walls of glass,
seamlessly open to the expansive private resort like backyard with
sparkling salt water pool, low maintenance desert landscape and
spectacular mountain views! Primary bedroom en-suite with
private 3/4 bath and walk in shower. Secondary bedrooms view the
backyard and pool and share the renovated hallway full bath/guest
bathroom. One bedroom currently set as office/guest room. Views
from every room. Wonderful indoor/outdoor flow create a spectacular
entertainer's paradise. Separate 2 car garage with laundry area.
Located in the coveted Rancho Mirage Magnesia Falls Cove
enclave. Near to every convenience- including world famous El
Paseo! Your move in ready MCM desert oasis awaits! The epitome of
Desert living....
Unit Size
1,238 Ft²
Days on Market
50 days
Land Size
0.17 acres
Price per sqft
$687
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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 #24436551)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $849,900 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 12, 2024 | Listed by Judy Graff Properties | $849,900 | |
| Listed by Judy Graff Properties | |||
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Rancho Mirage
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Listed by: Mark Freeman, Judy Graff Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24436551
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 24436551
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