38951 Bel Air Dr
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Rancho Mirage Elementary School
Nellie N. Coffman Middle School
Cathedral City High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-05-03 | Listed for sale | $615,000 | $591 |
| 2022-08-19 | Listing removed | $0 | – |
| 2022-08-01 | Price change | $782,500 | $752 |
| 2022-06-25 | Price change | $797,000 | $766 |
| 2022-06-13 | Price change | $798,000 | $767 |
| 2022-05-23 | Price change | $799,000 | $768 |
| 2022-05-13 | Listed for sale | $814,999 | $784 |
| 2021-05-20 | Sold | $495,000 | $476 |
| 2021-05-12 | Contingent | $465,000 | $447 |
| 2021-05-07 | Listed for sale | $465,000 | $447 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,906.24 | $617,100 |
| 2024 | $8,116.54 | $525,297 |
| 2023 | $8,079.68 | $504,900 |
| 2022 | $8,237.46 | $504,900 |
| 2021 | $3,282.34 | $134,254 |
| 2020 | $3,175.86 | $132,878 |
| 2019 | $3,127.42 | $130,274 |
| 2018 | $3,072.76 | $127,721 |
| 2017 | $3,031.24 | $125,218 |
| 2016 | $3,031.24 | $122,764 |
| 2015 | $2,911.38 | $120,922 |
| 2014 | $2,893.48 | $118,555 |
| 2013 | $0 | $118,021 |
| 2012 | $0 | $115,708 |
| 2011 | $0 | $113,440 |
| 2010 | $0 | $112,594 |
| 2009 | $0 | $112,864 |
| 2008 | $0 | $110,652 |
| 2007 | $0 | $108,483 |
| 2006 | $0 | $106,357 |
| 2005 | $0 | $104,272 |
| 2003 | $0 | $100,356 |
| 2002 | $0 | $98,389 |
| 2001 | $1,137.2 | $96,461 |
| 2000 | $1,109.24 | $94,570 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $17,705/yr
On $141,450 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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