Listed by: Jeff Litton, Jeff Litton, Inc.
$585,000
●
House -
Off Market
73 Mayfair Drive
Rancho Mirage, CA 92270
3 Beds
5 Baths,
1
Half Bath
4,071 Ft²
$1,072,882
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
Gorgeous updated home in prestigious Morningside Country Club with
atrium entryway and awesome views of the lake and fairways.The
entry opens to the main living area with marble flooring and easy
flowing floor plan. Dream kitchen w/granite, subzero, island,
top-notch appliances and an sepera morning room. Two master suites
feature dual baths and walk-in closets. TV, built-in surround
system throughout home. Multiple skylights bring the light in
everywhere. Indoor/out door bar features an ice-maker as well as
subzero fridge. Walls of glass overlook the pool, patio, and #2 tee
of the golf course Patio heater keeps you warm in the winter months
while you use the built-in BBQ.
Unit Size
4,071 Ft²
Days on Market
168 days
Land Size
0.16 acres
Price per sqft
$147
Property Type
House
Property Taxes
-
HOA Dues
$1,050
Year Built
1986
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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 #214086010DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Bennion Deville Homes | $1,428,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Prestigious Morningside Country Club Home. Enjoy both privacy and views from this lovely spacious home situated on a lush double fairway on the #2 Tee facing east for morning sunrises. Enjoy the sparkling pool and spa from Zen-like rear yard, providing plenty of privacy and tranquil relaxation or enjoy with friends your built-in BBQ, perfect for entertaining. The courtyard foyer has been incorporated into the interior of the home for added living space. The spacious living room features gorgeous views through walls of glass, and entertainer's wet bar, granite-clad fireplace, plantation shutters and formal dining area Three bedrooms including 2 master suites with walk-in closets, spacious guest suite along very nice den/office which could be fourth bedroom, along with 5 baths.Numerous updates throughout this versatile home, featuring brand new gorgeous neutral tone wood-look porcelain tile flooring, along with beautiful marble look quartz counters, marble tile backsplash, new mirrors. Stainless steel farmhouse style sink, kitchen-island with prep-sink, Sub-Zero stainless steel refrigerator/freezer, lovely morning room adjoining kitchen. Multiple skylights bring the light in everywhere. Move-in ready.
| |||
| May 28, 2015 | Sold | ||
| Sold | |||
| Dec 11, 2014 | Listed by Jeff Litton, Inc. | $599,000 | |
| Listed by Jeff Litton, Inc. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Morningside Country Club
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Listed by: Jeff Litton, Jeff Litton, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214086010DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214086010DA
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