Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$1,275,000
●
House -
Off Market
50805 Cereza
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,198 Ft²
$1,386,920
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Welcome home to this former model home in The Cove at The Citrus
Country Club in La Quinta. This home is so fabulous that we had an
offer before we could get it in the MLS! Featuring numerous
upgrades throughout, a spacious, upstairs, private casita with a
vast deck, this four-bedroom, five-bath home is sure to impress
your family and friends. With plenty of room for the whole gang,
it's made for entertaining. Fire up the built-in grill, grab a
libation, and frolic in the custom pool and spa, or relax and enjoy
dining al fresco. The Citrus is in a great location, just minutes
from world-class tennis, hiking, biking, pickleball, shopping,
dining, theaters, and all that the desert has to offer. Memberships
to the Club are available but not required.
Unit Size
4,198 Ft²
Days on Market
58 days
Land Size
0.21 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$437
Year Built
2007
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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 #219062524DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2021 | Sold | ||
| Sold | |||
| May 24, 2021 | Listed by Keller Williams Luxury Homes | $1,200,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Citrus Club
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219062524DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219062524DA
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