Listed by: Anne Stark, Berkshire Hathaway HomeServices California Properties
$1,550,000
●
House -
Off Market
50970 Nectareo
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,835 Ft²
$1,858,996
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
The Best of the Best! This beautiful custom home is situated
on an extra-large lot with stunning lake, golf course and mountain
views. This home has it all: an upgraded gourmet
kitchen, wet bar, great room - all with custom cabinetry, large
open dining and living room for family gatherings and future
memorable parties, 2 Interior Guest Suites, a detached Casita
Suite, 4 remodeled bathrooms and a powder room, a private office as
well as the Master Bedroom Suite with attached private gym!
With its Eastern/Southern orientation you will have the best
sun exposure to enjoy your time during the high season as well as
the summer months. The gorgeous patio overlooks the 6th hole
of The Citrus private golf course and features a pool/spa, outdoor
fireplace, built-in BBQ, amazing putting green, and high grade
misting system. AC's & water heater have been recently
replaced. The outside of the home has been repainted 2 years
ago. Look no further, you have found your paradise in this home!
Unit Size
4,835 Ft²
Days on Market
48 days
Land Size
0.33 acres
Price per sqft
$309
Property Type
House
Property Taxes
-
HOA Dues
$386
Year Built
1994
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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 #219057186DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $1,495,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Citrus Club
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Listed by: Anne Stark, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057186DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057186DA
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