Listed by: Joni Prosser, California Lifestyle Realty
$740,000
●
House -
Off Market
54170 Cananero Circle
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
3,321 Ft²
$1,158,708
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Price Reduction! Must see this terrific Value!! Griffin Ranch has
become the hit of La Quinta, with the new clubhouse, tennis, pickle
ball, home owner parties-the place has hit it's stride and this
beautiful Madera 1 w/Casita is the perfect entry in. This is a one
owner home and the extra's and upgrade list is so long it reads
like a typical Model home. The picture gallery will be up soon
showing off the fresh interior color and the warm interior style.
You'll sense the value the minute you walk in the home at this true
entry price point. Privacy, quality, freshly painted and priced to
sell now. Please join me on a tour of the home and Griffin Ranch
Community.
Unit Size
3,321 Ft²
Days on Market
120 days
Land Size
0.29 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
$654
Year Built
2008
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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: 2 years ago (CRMLS #218017414DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed by California Lifestyle Realty | $765,000 | |
| Listed by California Lifestyle Realty | |||
| May 16, 2018 | Listed | $799,000 | |
| Listed | |||
| | |||
|
STUNNING Griffin Ranch Masterpiece! This 4 BR/4.5 BA (including casita) model-like home, which is located on a desirable 12,600+ sq. ft. lot, features approx. 3,321 sq. ft. of living space. Meticulous attention-to-detail is obvious throughout this home, including: extensive custom tile & stone work, upgraded travertine & solid mahogany flooring, upgraded kitchen appliances w/ gorgeous granite counters, Smart Home controlled & strategically-placed custom lighting & speakers. Remote sun shades, plantation shutters, 100% wool designer carpeting and custom closet organizer in the master bedroom, upgrades GALORE. The outdoor area is spectacular w/ upgraded salt water pool & spa, lush landscaping, magnificent entertaining area, outdoor shower, fire pit & built-in BBQ island. Two-car garage + golf cart space, epoxy floor coating, built-ins and custom doors. This MAGNIFICENT property is the epitome of comfort, luxury & class. Don't miss this opportunity to own in PRESTIGIOUS Griffin Ranch! The manager has listed the unit size as 3321 square feet.
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Griffin Ranch
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Listed by: Joni Prosser, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218017414DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218017414DA
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