Listed by: Nadine Elliott, Coldwell Banker Realty
$649,000
●
House -
Off Market
79060 Montego Bay Drive
Bermuda Dunes, CA 92203
3 Beds
3 Baths
2,330 Ft²
$3,411
Est. Monthly
$224
HOA / Fees
9.76%
Cap Rate
About This Property
Opportunity knocks!On the golf course on the famous #18 hole at
Bermuda Dunes Country Club!Beautiful views of the Chocolate
Mountains with double fairways.This home has an updated Kitchen
with Granite Slab countertops and Island with plenty of cabinets
for storage! Appliances are Stainless Steel including a GE Profile
Gas Stove, Oven and Vent. Wine Refrigerator in the bar. Adjacent to
the kitchen is the Great room which has multiple windows and
sliders enabling maximum views.Great room also has a massive Gas or
Wood fireplace as the focal point.The home has a spacious primary
suite with expanded bathroom with granite countertops and walk in
closet. There is another large ensuite bedroom plus a 3rd guest
bedroom.Both are on the opposite side of the home. Carpeting needs
to be replaced in all bedrooms.Attached 2 Car Garage plus golf cart
garage offers plenty of storage.Low HOA of only $214 per month
which includes Basic Cable and Internet thru Spectrum as well as 24
hour security. IID for lower electric bills.BDCC is close to
Acrisure Arena, Indian Wells Tennis Gardens and Fine Dining and
shopping in La Quinta and El Paseo.
Unit Size
2,330 Ft²
Days on Market
76 days
Land Size
0.35 acres
Price per sqft
$279
Property Type
House
Property Taxes
-
HOA Dues
$224
Year Built
1960
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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: 3 years ago (CRMLS #219108159DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | Listed by Coldwell Banker Realty | $649,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Bermuda Golf Club Estates
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Listed by: Nadine Elliott, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219108159DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219108159DA
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