$960,000
●
House -
Off Market
9 Ridgeline Way
Rancho Mirage, CA 92270
3 Beds
3 Baths,
1
Half Bath
3,074 Ft²
$1,508,254
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Thoroughly remodeled home with stunning South and West mountain
views in the desirable enclave of Mesquite Ridge! Enter to find
designer touches including stunning updates Porcelain tile floors,
new roller shades all in an entertainers paradise! The remodeled
kitchen boats new cabinetry, counter tops and Sub Zero fridge as
well as a bar top counter and opens up to the family room, for a
great-room entertaining space. The master suite features
sophisticated design work in a generous setting - new cabinets and
a stunning walk-in closet round out this spectacular suite.
Two-ensuite bedrooms each feature walk-in closets and share a
private sitting area, perfect for your guests. The backyard is
unlike any other - a newer pergola with built in BBQ and a misting
system make this the perfect oasis any time of year, while the KOI
pond creates a special environment, rarely found. All this, as well
as newer HVAC, Tankless water heater with hot water holding take,
custom garage cabinets and more!
Unit Size
3,074 Ft²
Days on Market
64 days
Land Size
0.38 acres
Price per sqft
$324
Property Type
House
Property Taxes
-
HOA Dues
$231
Year Built
2005
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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 #218011182DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 11, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed | $995,000 | |
| Listed | |||
| | |||
|
Thoroughly remodeled home with stunning South and West mountain views in the desirable enclave of Mesquite Ridge! Enter to find designer touches including stunning updates Porcelain tile floors, new roller shades all in an entertainers paradise! The remodeled kitchen boats new cabinetry, counter tops and Sub Zero fridge as well as a bar top counter and opens up to the family room, for a great-room entertaining space. The master suite features sophisticated design work in a generous setting - new cabinets and a stunning walk-in closet round out this spectacular suite. Two-ensuite bedrooms each feature walk-in closets and share a private sitting area, perfect for your guests. The backyard is unlike any other - a newer pergola with built in BBQ and a misting system make this the perfect oasis any time of year, while the KOI pond creates a special environment, rarely found. All this, as well as newer HVAC, Tankless water heater with hot water holding take, custom garage cabinets and more! The manager has listed the unit size as 3074 square feet.
| |||
| Apr 8, 2018 | Listed by Desert Sotheby's International Realty | $995,000 | |
| Listed by Desert Sotheby's International Realty | |||
| | |||
|
Thoroughly remodeled home with stunning South and West mountain views in the desirable enclave of Mesquite Ridge! Enter to find designer touches including stunning updates Porcelain tile floors, new roller shades all in an entertainers paradise! The remodeled kitchen boats new cabinetry, counter tops and Sub Zero fridge as well as a bar top counter and opens up to the family room, for a great-room entertaining space. The master suite features sophisticated design work in a generous setting - new cabinets and a stunning walk-in closet round out this spectacular suite. Two-ensuite bedrooms each feature walk-in closets and share a private sitting area, perfect for your guests. The backyard is unlike any other - a newer pergola with built in BBQ and a misting system make this the perfect oasis any time of year, while the KOI pond creates a special environment, rarely found. All this, as well as newer HVAC, Tankless water heater with hot water holding take, custom garage cabinets and more!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Mesquite Ridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sean Stanfield, Desert Sotheby's International Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 218011182DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 218011182DA
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