Keller Williams Realty Acquires SFR In Rancho Mirage For $3.6M
SOLD
$3,600,000
California
See Similar DealsSingle Family Residence5,852 SF
Sold 11/13/2020
SOLD
Keller Williams Realty Acquires SFR In Rancho Mirage For $3.6M
40365 Sand Dune Road, Rancho Mirage, CA, USA
See Similar DealsSingle Family Residence5,852 SF
Sold 11/13/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$615
Total Square Footage:5,852 SF
Transaction Type:Sale
The property involved in this closed transaction is a single-family residential (SFR) located at 40365 Sand Dune Road in the market of Rancho Mirage. The property has a total area of 5,852 square feet and was sold for a price of $3,600,000, resulting in a price per square foot of $615.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,600,000
- Address: 40365 Sand Dune Road
- Market: Rancho Mirage
The deal was facilitated by Anna Barkhoudarian from Keller Williams Realty and Amy Oganyan from the same agency. Anna Barkhoudarian and Amy Oganyan represented the seller in this transaction.
It's worth noting that this particular property carries historical significance, as it was once owned by former President Gerald Ford and actress Ginger Rogers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
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