Listed by: Kim Kelly, HK Lane Real Estate
$1,399,000
●
House -
Off Market
51600 Jackson Street
Coachella, CA 92236
5 Beds
5 Baths
4,226 Ft²
$1,816,700
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
GREAT Location less than 2 miles from the Festival grounds. NO HOA,
yet securely located behind custom Entry Gates well off Jackson St.
4.7 completely fenced Acres. The Custom Home, is elevated, and
offers stunning Southwest Mountain Views. Built in 2004, the Main
Home is approx. 2626 sf. The entry Great Room with a Fireplace,
splits the interior spaces. The Master Bedroom on the West side of
the home, has a large Walk-in closet and Ensuite Bathroom. Two
Bonus Rooms enhance this side of the home. Dining Room, Chefs' Kitchen, Family Room, Powder + Laundry room lead to the East Wing,
with it's Ensuite Master #2. The Detached guest residence is
approx. 1600 sf and features 3 bedrooms, 2 bathrooms, fenced yard,
separate electric + 2-car carport. Each has it's own Septic system,
Shared Well (50/50 with neighbor & metered separately), 3 grassy
irrigated pastures, approx. 50 producing Date trees, mature
landscape throughout. Plus a Finished, three car attached garage.
Unit Size
4,226 Ft²
Days on Market
152 days
Land Size
4.68 acres
Price per sqft
$331
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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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 #219048131DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2021 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by HK Lane Real Estate | $1,399,000 | |
| Listed by HK Lane Real Estate | |||
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Jan 22, 2020 | Price Decreased |
$1,399,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Sep 26, 2019 | Listed | $1,499,000 | |
| Listed | |||
| | |||
|
New Price $100,000 reduction!! GREAT Location less than 2 miles from the Festival grounds for this INCOME producing Property! NO HOA, yet securely located behind custom Entry Gates well off Jackson St. 4.7 completely fenced Acres. The Custom Home, is elevated, and offers stunning Southwest Mountain Views. Built in 2004, the Main Home is approx. 2626 sf. The entry Great Room with a Fireplace, splits the interior spaces. The Master Bedroom on the West side of the home, has a large Walk-in closet and Ensuite Bathroom. Two Bonus Rooms enhance this side of the home. Dining Room, Chefs' Kitchen, Family Room, Powder + Laundry room lead to the East Wing, with it's Ensuite Master #2. The Detached guest residence is approx. 1600 sf and features 3 bedrooms, 2 bathrooms, fenced yard, separate electric + 2-car carport. Each has it's own Septic system, Shared Well (50/50 with neighbor & metered separately), 3 grassy irrigated pastures, approx. 50 producing Date trees, mature landscape throughout. Plus a Finished, three car attached garage. The manager has listed the unit size as 4226 square feet.
| |||
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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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About Vista Santa Rosa
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Listed by: Kim Kelly, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219048131DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219048131DA
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