Listed by: Gail Gallaudet, HK Lane Real Estate
$1,280,000
●
House -
Off Market
50910 Nectareo
La Quinta, CA 92253
3 Beds
4 Baths
4,279 Ft²
$1,550,492
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
This is a very unique custom home in the Citrus, showcasing the Old
California Hacienda style. The location is fabulous with lake &
fairway views overlooking the 6th fairway of the Citrus Golf
Course. Behind the wooden privacy gates, a wrought iron gate opens
into the lush courtyard with its multiple French doors accessing
all parts of the home & tiered terra cotta fountain. At this point
one cannot help but take note of the charm that radiates from every
corner. The patio, which wraps around a large custom pool/spa, is
perfect for entertaining with its firepit & many sitting areas. The
home is totally customized with such attention to detail: from the
Saltillo flooring throughout with lovely custom built-ins. This
home was designed by the famed Barry Berkus & also features soaring
ceilings with floor to ceiling glass windows & doors looking out
over the view of two fairways, a lake, the pool & waterfall, & the
wonderful outdoor living space. This is a must see home, furnished
per inventory list. The pictures tell the story.
Unit Size
4,279 Ft²
Days on Market
75 days
Land Size
0.30 acres
Price per sqft
$298
Property Type
House
Property Taxes
-
HOA Dues
$386
Year Built
1991
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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 #219055803DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Jan 16, 2021 | Listed by HK Lane Real Estate | $1,275,000 | |
| 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
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ft²
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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# 219055803DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219055803DA
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