Listed by: Timothy McTavish, Desert Sotheby's International Realty
$1,300,000
●
House -
Off Market
53590 Rocky Way
Idyllwild, CA 92549
3 Beds
3 Baths
1,654 Ft²
$1,580,894
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Extraordinary ''Dennis McGuire'' architectural masterpiece in the
desirable Big Cedar Glen neighborhood! One of a kind custom beauty
positioned on a rugged hillside of boulders and native plantings.
Amazing redwood built home with captivating views of Tahquitz rock
and the forest beyond. Exquisitely designed and very private this
home is truly a piece of art! Interesting angles with rock
formations juxtaposed into the living space while HUGE walls of
glass capture the beauty and create a sense of calm while living
among nature. 2 bedroom, 2 bath in the main house and separate
guest quarters that will be the envy of all your guests that visit.
Spread out on 3 separate lots featuring granite boulders,
manzanita, pine & cedar, this home is beautifully sited with
meandering paths and lovely patio areas to enjoy anytime of the
year. A home of this quality and uniqueness are rare in Idyllwild
and the replacement cost would likely far exceed the price of this
home. Live the life you've always dreamed of and cherish the
memories to come in this spectacular home!
Unit Size
1,654 Ft²
Days on Market
53 days
Land Size
0.69 acres
Price per sqft
$786
Property Type
House
Property Taxes
-
HOA Dues
$3
Year Built
1979
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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 #219058007PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by Desert Sotheby's International Realty | $1,300,000 | |
| Listed by Desert Sotheby's International Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Idyllwild-Pine Cove
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Listed by: Timothy McTavish, Desert Sotheby's International Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058007PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058007PS
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