$480,000
●
House -
Off Market
50125 Mazatlan Drive
Coachella, CA 92236
4 Beds
2 Baths
1,363 Ft²
$2,259
Est. Monthly
About This Property
STR Property! Experience modern living in Coachella with this
remarkable 4 Bedroom home. Tucked away in a nice quiet community,
this home offers style and functionality. Step through the doors to
see an open floor plan with an expansive living room, perfect for
family movie night. Get a glimpse of the stunning kitchen with its
wood cabinets, gorgeous granite counter tops, and detailed tile
backsplash. The 4 bedrooms are nicely sized. Garage has been
converted to a game room for Airbnb guest with A/C and wood
flooring/paneling throughout but can be converted and used for
whatever your heart desires. Backyard is spacious and perfect for
entertainment. It contains fake grass and a concrete patio. Come
see this beauty in person and make your appointment today.
Unit Size
1,363 Ft²
Days on Market
51 days
Land Size
0.12 acres
Price per sqft
$337
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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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: 4 months ago (CRMLS #219111077DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | Listed by HomeSmart | $460,000 | |
| Listed by HomeSmart | |||
| | |||
|
STR Property! Experience modern living in Coachella with this remarkable 4 Bedroom home. Tucked away in a nice quiet community, this home offers style and functionality. Step through the doors to see an open floor plan with an expansive living room, perfect for family movie night. Get a glimpse of the stunning kitchen with its wood cabinets, gorgeous granite counter tops, and detailed tile backsplash. The 4 bedrooms are nicely sized. Garage has been converted to a game room for Airbnb guest with A/C and wood flooring/paneling throughout but can be converted and used for whatever your heart desires. Backyard is spacious and perfect for entertainment. It contains fake grass and a concrete patio. Come see this beauty in person and make your appointment today.
| |||
| Mar 22, 2023 | No longer available | - | |
| No longer available | |||
| Feb 20, 2023 | In contract | - | |
| In contract | |||
| Feb 15, 2023 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
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 Coachella
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rosa Maria Rodriguez, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219111077DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219111077DA
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