49455 Coachella Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 8, 2021 | Sold | ||
| Sold | |||
| Nov 8, 2020 | No longer available | - | |
| No longer available | |||
| Nov 7, 2020 | Listed by Coulter & Associates, Inc | $3,975,000 | |
| Listed by Coulter & Associates, Inc | |||
| Aug 31, 2020 | Listed | $4,200,000 | |
| Listed | |||
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Paradise found in this alluring compound set on 1/2+ acre with panoramic views of the Santa Rosa mountains and the lush fairways of the famed La Quinta CC. The dramatic entry will take your breath away with a courtyard featuring a resort size pool, raised spa, putting green, glass in-ground fireplace and outdoor BBQ kitchen. Designed with numerous walls of glass that pocket seamlessly. the living room boasts two fireplaces framing the massive sliders and the broad veranda. The formal dining room features a wall to wall art sculpture fountain. There is a casual and spacious family room off the kitchen with yet another fireplace. The deliberately planned kitchen has a large center dining island, 3 ovens, over-sized 6 burner cook top, 2 warming draws, beverage refer, 2 refrigerators and a full sized Sub Zero freezer in the butler pantry. Plus a huge walk-in pantry as well! The lavish Master suite has a fireplace and the bath features side by side soak tubs, fireplace, sauna, two vanities, two showers, two large walk-ins and a 3000 bottle wine room. ADD 2 guest suites, 2 offices PLUS a guest house! Behind electronic gates sits a 4 car garage. A haven in which to exhale and unwind The manager has listed the unit size as 6692 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017