1
Map
$475,000
●
House -
Off Market
8 Wimbledon Circle
Rancho Mirage, CA 92270
3 Beds
3 Baths
2,149 Ft²
$747,643
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
WATERFRONT at Mission Hills Lake Front 1. Enter through the gated
Courtyard to a large completely enclosed patio with Grapefruit,
Tangerine and Lemon trees. This flows to the back of the home where
you have gorgeous views of the Lake. The Lake offers Catch and
Release & there's plenty of space for outdoor living & dining.
Inside, the great room has a cozy Fireplace & walk-in Wet Bar. Slab
granite counters, center island & a pantry in the kitchen. The Main
Bedroom has a Retreat with access to the back patio & a bath with
large soaking tub, separate shower, dual vanities, dressing table &
walk-in closet. The guest wing of the home has the other 2 bedrooms
& baths. Beautiful, mature landscaping with timers on the sprinkler
system, freshly painted inside and out, shutters throughout & new
fans. The low HOA dues at Lake Front 1 includes the Lease fee,
Tennis, Fitness, Croquet, Pickleball, & Social Memberships at MHCC.
Cable includes HBO, showtime & internet.
Unit Size
2,149 Ft²
Days on Market
118 days
Land Size
0.23 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
$607
Year Built
2001
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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: 4 months ago (CRMLS #219011859DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Coldwell Banker Realty | $509,900 | |
| 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
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 Mission Hills Country Club
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Listed by: Geri Downs, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219011859DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219011859DA
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