Listed by: Brad Schmett Real Esta..., Keller Williams Luxury Homes
$750,000
●
House -
Off Market
50790 Mandarina
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
3,195 Ft²
$1,308,386
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Elegant Masterpiece With Stunning Amenities! Located in The Grove
at Citrus, this elegant 4BD/4.5BA home showcases world-class
upgrades offering a luxurious desert lifestyle. A sparkling salt
water pool & spa in the enclosed front courtyard, lush landscaping,
& sky deck w/ fireplace & amazing views sets the stage for a
stunning first impression. Formal rotunda entry opens to a spacious
great room that features built-ins & massive fireplace, gourmet
kitchen w/ large island, premium appliances, and formal dining room
w/ pool view, spacious master retreat w/ luxurious bath, guest
rooms w/ baths & a bright office space w/ courtyard access. The
detached casita w/ bath offers extra sleeping space. Custom
interior lighting & ceiling fans, Alder-wood crown molding, 8' tall
French doors, surround sound system, Jandy remote pool control,
landscape lighting, garages w/ custom doors, a/c & golf cart
parking, paver driveway & attention-to-detail makes this beautiful
home incomparable in every way.
Unit Size
3,195 Ft²
Days on Market
187 days
Land Size
0.20 acres
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
$413
Year Built
2012
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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: 3 years ago (CRMLS #216006616DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2016 | Sold | ||
| Sold | |||
| Feb 27, 2016 | Listed by Keller Williams Luxury Homes | $775,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Citrus Club
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Listed by: Brad Schmett Real Esta..., Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216006616DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216006616DA
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