$1,100,000
●
House -
Off Market
54250 Cananero Circle
La Quinta, CA 92253
4 Beds
1 Bath,
1
Half Bath
3,525 Ft²
$1,437,482
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Exceptional, Inviting, & Meticulously Detailed, this spectacular
luxury home is a prized Griffin Ranch property. Upgrades & custom
amenities create living space perfect for entertaining family &
friends or escaping into plush surroundings. A large gourmet
kitchen invites gatherings around an expansive granite covered
island with breakfast bar. An adjoining sunroom and great
room provide an abundance of natural light and views to lushly
landscaped grounds. Lofty soffit ceilings and a large custom
stacked-stone fireplace create grandeur. Guests enjoy
comfort/privacy in two large bedroom suites. A den/office
offers richly designed custom cabinets and murphy bed to
accommodate additional guests.
Unit Size
3,525 Ft²
Days on Market
84 days
Land Size
0.36 acres
Price per sqft
$305
Property Type
House
Property Taxes
-
HOA Dues
$593
Year Built
2007
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Cap Rate Calculator
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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: 4 months ago (CRMLS #219047321DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Aug 5, 2020 | Listed by Desert Sotheby's International Realty | $1,075,000 | |
| Listed by Desert Sotheby's International Realty | |||
| | |||
|
Exceptional, Inviting, & Meticulously Detailed, this spectacular luxury home is a prized Griffin Ranch property. Upgrades & custom amenities create living space perfect for entertaining family & friends or escaping into plush surroundings. A large gourmet kitchen invites gatherings around an expansive granite covered island with breakfast bar. An adjoining sunroom and great room provide an abundance of natural light and views to lushly landscaped grounds. Lofty soffit ceilings and a large custom stacked-stone fireplace create grandeur. Guests enjoy comfort/privacy in two large bedroom suites. A den/office offers richly designed custom cabinets and murphy bed to accommodate additional guests.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Griffin Ranch
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Randy Diamond, Desert Sotheby's International Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219047321DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219047321DA
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