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Description
This resort style home located within the Prestigious gated community of Rams Hill and is set just behind the award-winning Rams Hill Golf course. This home is the ultimate retreat, located on a cul-de-sac and secluded for privacy, yet just off the course. Features include Travertine countertops, KitchenAid appliances, complete kitchen and bath remodels, claw foot tub, custom drapes, epoxy garage floor, built-in BBQ, spa, putting green and private outdoor living spaces with lots of mature landscaping. Currently, this home is a 5-star rated Airbnb, averaging $85,000 per year in rental revenue (with the potential to do 100K plus), which provides the ability for the new owner to own a second home for little to no costs. Additionally, We had the home underwritten by Revedy and they believe the home has the potential to do up to $120,864.00 in rental Revenue with a solid 7.49% cap rate. (see attached supplemental report). If you are looking for an upscale experience in Borrego Springs and a great investment, you will not want to miss this fully furnished home!
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 1st June, 2023 7:19 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 1st June, 2023 7:19 AM (UTC)
Listing Agent: Jaime Burlile
Listing Office: Allison James Estates & Homes