$829,000
●
House -
Off Market
74 Cabernet
Rancho Mirage, CA 92270
2 Beds
1 Bath,
1
Half Bath
2,187 Ft²
$958,130
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Welcome to your luxury Refuge in the Coachella Valley's newest
premier luxury 55 plus community - Del Webb Rancho Mirage.
Situated comfortably on a North facing premium lot with
mountain and large green-space views sits this modern villa.
Clean lines, white cabinets/counters, stone like grey
porcelain tile floors all set the mood and are a perfect backdrop
to your custom interior finishes. The Gathering Room, Kitchen
featuring 42'' UPPER CABINETS - all crisp and white - and
Cafe all open together with the covered patio by way of the OPEN
CORNER SLIDER to create the perfect indoor/outdoor experience - all
overlooking the custom over-sized SALT-WATER Spa with spillway,
custom landscape with great mountain and green-space views to toast
your cares away. Inside you will enjoy the deep Kohler
soaking tub in the guest bath, plus the FRAMED LOW THRESHOLD
rain-shower in the owner's retreat. Upgraded cabinetry,
counters, lighting, flooring and leased solar ($48/mo + tax)
completes paradise. This one's a keeper and ready for
frosting! Phase 2 home - (No construction around here) -
Don't miss it!
Unit Size
2,187 Ft²
Days on Market
85 days
Land Size
0.15 acres
Price per sqft
$379
Property Type
House
Property Taxes
-
HOA Dues
$337
Year Built
2019
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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: 8 months ago (CRMLS #219060079DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by Equity Union | $969,000 | |
| Listed by Equity Union | |||
| | |||
|
Step into luxury at Del Webb Rancho Mirage, the Coachella Valley's newest premier 55+ community. This Plan 7 Phase 2 Prairie modern villa sits gracefully on a North-facing premium lot, offering breathtaking mountain and expansive green-space views. Clean lines, white cabinets/counters, and stone-like grey porcelain tile floors set the mood, creating a serene backdrop for your custom interior finishes. The Gathering Room, Kitchen with 42'' upper cabinets, and Cafe seamlessly flow together, connecting with the covered patio via an open corner slider for the perfect indoor/outdoor experience. Relax and unwind in the custom oversized salt-water spa while soaking in the stunning mountain and green-space views. Inside, indulge in the deep Kohler soaking tub in the guest bath and the framed low-threshold rain shower in the owner's retreat. Upgraded cabinetry, counters, lighting, flooring, and leased solar ($212.07) complete this paradise. This Phase 2 home is a true gem - don't miss out on making it yours!
| |||
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Mar 25, 2024 | Price Decreased |
$964,000
↓ $6K
(0.6%) | |
| Price Decreased | |||
| Mar 4, 2024 | Price Decreased |
$970,000
↓ $25K
(2.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Parking Available
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Riverside
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Listed by: William Morgner, HomeSmart
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219060079DA
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219060079DA
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