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88 Princeton Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2026 | Listed by Equity Union | $1,360,000 | |
| Listed by Equity Union | |||
| Oct 17, 2025 | Price Decreased |
$1,498,000
↓ $22K
(1.5%) | |
| Price Decreased | |||
| Sep 20, 2025 | Price Decreased |
$1,520,000
↓ $25K
(1.6%) | |
| Price Decreased | |||
| Jun 14, 2025 | Listed | $1,545,000 | |
| Listed | |||
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Welcome to a home where modern elegance meets timeless glamour in perfect harmony, located in the popular Springs Country Club in the heart of Rancho Mirage. This exquisite 3-bedroom, 3-bath residence features 3,088 square feet of living pace and is full of style, blending Hollywood Regency style with the natural beauty of the Desert. Completely updated, this stunning home is a show stopper.As you step through the dramatic entryway, you're greeted by a spacious, open-concept living area. The living room is adorned with soothing, muted tones that create an expansive and inviting atmosphere. Recessed lighting and sleek pendant fixtures provide warmth and illumination, enhancing the room's welcoming ambiance. The bar's sleek countertops and high-gloss finishes are perfect for entertaining guests and accent walls add a dramatic flare.Seamlessly integrated, the living area flows into the stylish kitchen and dining area. This chef's paradise boasts striking Brazilian stone surfaces, a high-end Italian gas cooktop, custom cabinetry, and a 160 bottle wine refrigerator--perfect for everyday culinary adventures or hosting guests in style.The grandeur extends into the formal dining room, setting the stage for unforgettable dinner parties under statement lighting and surrounded by luxurious finishes.Retreat to the dramatic primary suite, a sanctuary of relaxation with its spa-inspired bath complete with a steam shower, ample closet space, and direct access to the private outdoor pool area. Two additional guest bedrooms offer flexibility and comfort, each with their own bathrooms and private patio spaces.Step outside to your private pool, glistening under the desert sun and surrounded by meticulously manicured landscaping and inviting lounging and dining areas. Even your car will be pampered with an Split AC in the spacious garage!This home doesn't just offer residence; it delivers a lifestyle rich in glamour, sophistication, and serenity. Whether for intimate soirees or tranquil escapes, experience luxury living at its finest where every detail is designed with elegance and ease. Residents of the Springs Country Club enjoy access to world-class amenities, including an 18 hole golf course, tennis, bocce and pickleball courts, a state of the art fitness center, and a gorgeous clubhouse and grill offering multiple dining options.
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| Feb 24, 2025 | Listed | $1,595,000 | |
| Listed | |||
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Welcome to 88 Princeton Drive in the Springs Country Club. A just completed extraordinary renovation and re-imagining of this spacious property has resulted in a beautifully proportioned villa that celebrates modern luxury and exquisite design. The sleek, spare limestone breezeway opens to reveal expansive living spaces, flooded with natural light and opening to a wonderfully private pool, spa and dining patio, with west-facing Santa Rosa Mountain views. The sumptuous finishes, luxurious materials and bold design combine to create a decidedly glamorous ambiance. Every possible feature and amenity has been thought of, from the chef's kitchen with striking Brazilian stone surfaces, to the dual primary suites with stunning bathrooms, to the grandly scaled living room featuring an impressive oak and marble bar. This Cyprus Point Plan is the perfect combination of comfort, luxury and an active lifestyle in a stunning setting. Your very own White Lotus.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017