$1,185,000
●
House -
Off Market
78 Princeton Drive
Rancho Mirage, CA 92270
3 Beds
3 Baths
3,088 Ft²
$1,353,101
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Welcome to your personal oasis in The Springs Country Club.
This beautifully FURNISHED home offers two primary suites and
one large additional bedroom, all ensuite. The dramatic open
floor plan is perfect for entertaining. The home has been
updated and meticulously cared for. The delight is in the
details: new LED lighting, custom cabinetry, chiseled
travertine floors, new carpeting in front primary, new area rugs,
new Yamaha sound system in great room and backyard, power shades in
all living/dining areas with shutters in bedrooms. The
backyard provides sweeping views of the mountains, a private
pool/spa (new pool heater and pool pump, new salt cell, Aqua Logic
auto control system) and an Alumawood patio cover with new misters.
Entry walkway and spacious front courtyard feature custom
pavers. The garage has epoxy flooring, mini-split A/C and built-in
storage cabinets. The exterior of the home was recently
painted and the home has a new roof, compliments of the HOA.
This is the home you have been looking for!
Unit Size
3,088 Ft²
Days on Market
82 days
Land Size
0.18 acres
Price per sqft
$419
Property Type
House
Property Taxes
-
HOA Dues
$1,400
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: 7 months ago (CRMLS #219087900DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2023 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Equity Union | $1,295,000 | |
| Listed by Equity Union | |||
| Dec 14, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed by Keller Williams Luxury Homes | $819,000 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
Personal Oasis in The Springs Country Club. Private Pool and Spa. Meticulous remodel with chiseled edge travertine floor in a Barcelona pattern, Custom Kitchen Cabinetry, Dramatic open floor plan with Entertainment Sized Living Room with Fireplace and Bar, leading to your private patio and pool with Mountain Views. Beautifully furnished with decorator touches, ready for you to move in. Your HOA Fee includes: exterior painting, earthquake Insurance, roof and landscaping maintenance, cable, pest control, 24-hour guard gate and house alarm monitoring.
| |||
| Sep 10, 2013 | Sold | ||
| Sold | |||
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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 Springs Country Club
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Listed by: Lindell Campbell, Equity Union
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 219087900DA
Last Updated: 7 months ago
Data Source: CRMLS, MLS# 219087900DA
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