$475,000
●
House -
Off Market
74 Magdalena Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,169 Ft²
$710,806
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Diamond in the rough is this biggest model at Country Club Estates.
Private, quiet interior location. Designed for
entertaining with custom mirrored bar, formal dining room, spacious
living room with fireplace and room for that grand piano.
Office. Master suite with dressing area and spa-like bath
with sunken tub and separate shower. 2 guest bedrooms; one a ''ME'' room showing off owners accolades, awards, personal pictures and
''stuff''. Pool & spa have been recently redone and
completely tiled. Newer ACs, furnaces and hot water heaters. Newer
duo pane low E windows and sliders throughout. New exterior paint.
Abundant opportunities to personalize this spacious quality
built residence whether for seasonal or year-round living.
Country Club estates offers the privacy of single family
residential living with the convenience & security of a gated
community. The community pool is heated, there are tennis and
pickle ball courts & HOA fees of $365/mo. Great central
location to Eisenhower Health campus, shopping, restaurants, golf &
entertainment. Better hurry!!!!
Unit Size
3,169 Ft²
Days on Market
119 days
Land Size
0.25 acres
Price per sqft
$158
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: 5 months ago (CRMLS #219034993DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Dec 10, 2019 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
| | |||
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Diamond in the rough is this biggest model at Country Club Estates. Private, quiet interior location. Designed for entertaining with custom mirrored bar, formal dining room, spacious living room with fireplace and room for that grand piano. Office. Master suite with dressing area and spa-like bath with sunken tub and separate shower. 2 guest bedrooms; one a ''ME'' room showing off owners accolades, awards, personal pictures and ''stuff''. Pool & spa have been recently redone and completely tiled. Newer ACs, furnaces and hot water heaters. Newer duo pane low E windows and sliders throughout. New exterior paint. Abundant opportunities to personalize this spacious quality built residence whether for seasonal or year-round living. Country Club estates offers the privacy of single family residential living with the convenience & security of a gated community. The community pool is heated, there are tennis and pickle ball courts & HOA fees of $365/mo. Great central location to Eisenhower Health campus, shopping, restaurants, golf & entertainment. Better hurry!!!!
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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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HOA + Taxes
About Coutry Club Estates
Similar Homes for Sale
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Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219034993DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219034993DA
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