72065 Clancy Lane
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | No longer available | - | |
| No longer available | |||
| Aug 13, 2021 | Relisted | $1,975,000 | |
| Relisted | |||
| Jul 25, 2021 | In contract | - | |
| In contract | |||
| Jun 29, 2021 | Listed by Windermere Homes & Estates | $1,975,000 | |
| Listed by Windermere Homes & Estates | |||
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Come experience this beautiful mid-century modern estate on over one acre on the most prestigious road in Rancho Mirage. Incredible Clancy Lane home with four bedrooms and three bathrooms, pool, spa, putting green, tennis court, home gym for weightlifting (that also has Powerplate), front and back yards and more. The master bedroom is a large en-suite with bath and shower. Relax on the custom master bed while overlooking the pool, spa and koi pond. Additonal three bedrooms with queen size beds a plus!Formal lounge is a great space for entertaining with bar, fireplace and piano. Use the gym with Power plate, squat rack, barbells, bumper plates, dumb bells and more to work out. There is a separated casita with own bathroom and kitchen. It is about 600 sq feet as an added bonus!Kitchen, dining room and TV room are connected and a more relaxed space for families and friends to gather. This home has it all, you never have to leave.Private tennis court and basketball hoop,Pool, Koi pond with turtlesGas fireplaces & fire pit, outdoor barbecue and five outside seating areas... A true Gem of Clancy Lane! The manager has listed the unit size as 3845 square feet.
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| Nov 14, 2016 | Sold | ||
| Sold | |||
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About Rancho Mirage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017