Listed by: Gail Gallaudet, HK Lane Real Estate
$1,150,000
●
House -
Off Market
50850 Mandarina
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
3,069 Ft²
$1,108,571
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
An incredible offering in The Citrus. This 4 bd, 4.5 ba home,
including a generous sized casita, which can be accessed from
inside the home as well as outside & opens onto the pavered
pool/spa & patio area, has been meticulously maintained and
upgraded and shows like a model. Offering over 3,000 sq.ft. with
numerous upgrades to include: new epoxy garage floors, newly
refinished garage doors, AC in the garage, Bose surround sound
system, most of outdoor area freshly painted, ie doors and upstairs
patio area, salt water pool system, new custom raised sinks in
bathrooms, and double coffered ceilings w/ crown molding & tile
flooring throughout. The well-designed kitchen has a butler's
pantry, granite counters & full backsplash, stainless appliances &
rich wood cabinetry. The master bedroom has French doors that
perfectly frame the mountain views. It is available to show
from 8/21/21 - 8/24/21, starting with the open house on 8/21/21 at
11:00am. All offers will be reviewed on Wednesday, August 25th.
Please note that we will not consider offers from buyers who have
not been in the home.
Unit Size
3,069 Ft²
Days on Market
42 days
Land Size
0.21 acres
Price per sqft
$321
Property Type
House
Property Taxes
-
HOA Dues
$510
Year Built
2013
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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 #219066379DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by HK Lane Real Estate | $985,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Citrus Club
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Listed by: Gail Gallaudet, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066379DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066379DA
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