1
Map
$546,000
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House -
Off Market
72 Magdalena Drive
Rancho Mirage, CA 92270
2 Beds
3 Baths
2,575 Ft²
$805,436
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Beautifully remodeled home in Country Club Estates. Enter through
the gated courtyard and double doors with their beautiful beveled
glass insets and into this stunning home. 2 bedrooms and 3 baths
plus office/den with 2575 Sq Ft of living space on 1/4 acre lot.
Features include a sunken living room with fireplace and wet bar,
separate dining room and a large, luxurious Master Suite with
remodeled bath with slate tile, walk in shower and outdoor sunning
are. The back yard has a private pool and spa plus plenty of
seating and entertainment areas. The River is within walking
distance. Conveniently located in beautiful Rancho Mirage,
Playground of Presidents, close to all the desert lifestyle has to
offer with golf, fine dining, casinos, art galleries, hiking,
biking or just relaxing. Palm Springs International Airport is just
20 minutes away
Unit Size
2,575 Ft²
Days on Market
126 days
Land Size
0.25 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
$365
Year Built
1980
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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 #219036431DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2020 | Sold | ||
| Sold | |||
| Jan 8, 2020 | Listed by Coldwell Banker Realty | $569,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Beautifully remodeled home in Country Club Estates. Enter through the gated courtyard and double doors with their beautiful beveled glass insets and into this stunning home. 2 bedrooms and 3 baths plus office/den with 2575 Sq Ft of living space on 1/4 acre lot. Features include a sunken living room with fireplace and wet bar, separate dining room and a large, luxurious Master Suite with remodeled bath with slate tile, walk in shower and outdoor sunning are. The back yard has a private pool and spa plus plenty of seating and entertainment areas. The River is within walking distance. Conveniently located in beautiful Rancho Mirage, Playground of Presidents, close to all the desert lifestyle has to offer with golf, fine dining, casinos, art galleries, hiking, biking or just relaxing. Palm Springs International Airport is just 20 minutes away
| |||
| Jan 10, 2014 | Sold | ||
| Sold | |||
| Oct 17, 2013 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Amazing opportunity to get into Country Club Estates for under $400,000! Within walking distance to The River shopping center for all of your shopping, dining and entertainment needs. Enter through the private front courtyard and once inside you will find a sunken living room, with wetbar and fireplace. The southwest facing backyard features a huge pool with citrus trees throughout. Master bath features a wall of glass that lets in lots of natural sunlight. All this within a Rancho Mirage gated community with dues under $350! What more could you ask for?
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Coutry Club Estates
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Listed by: Geri Downs, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219036431DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219036431DA
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