$1,195,000
●
House -
Off Market
58420 Mijas
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,551 Ft²
$1,969,067
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Experience your own private resort within this exceptional,
Andalusia at Coral Mountain home. Situated on a lot elevated above
the 9th fairway of the Rees Jones designed golf course, this home
offers a dramatic lifestyle and all the necessary ingredients for
entertaining. The spacious open floor plan is graced with 2
expansive master suites and luxurious spa-like baths. The detached
2-room guest casita offers a cozy fireplace, bedroom, private
bathroom and it's own kitchen bar. 12-foot fleetwood glass doors,
porcelain tile flooring, custom cabinetry, electric solar shades,
speaker system, custom window coverings and large center kitchen
island with butler's pantry are just a few of the many tastefully
appointed features. A heavenly blue pool is the centerpiece for
what can be described as a backyard paradise with built-in BBQ and
spectacular views of endless fairways, 2 lakes and mountain
horizon. Home is offered furnished and was completed in 2014.
Unit Size
3,551 Ft²
Days on Market
108 days
Land Size
0.24 acres
Price per sqft
$366
Property Type
House
Property Taxes
-
HOA Dues
$755
Year Built
2006
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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: 2 years ago (CRMLS #218007502DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 21, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed | $1,299,000 | |
| Listed | |||
| | |||
|
Experience your own private resort within this exceptional, Andalusia at Coral Mountain home. Situated on a lot elevated above the 9th fairway of the Rees Jones designed golf course, this home offers a dramatic lifestyle and all the necessary ingredients for entertaining. The spacious open floor plan is graced with 2 expansive master suites and luxurious spa-like baths. The detached 2-room guest casita offers a cozy fireplace, bedroom, private bathroom and it's own kitchen bar. 12-foot fleetwood glass doors, porcelain tile flooring, custom cabinetry, electric solar shades, speaker system, custom window coverings and large center kitchen island with butler's pantry are just a few of the many tastefully appointed features. A heavenly blue pool is the centerpiece for what can be described as a backyard paradise with built-in BBQ and spectacular views of endless fairways, 2 lakes and mountain horizon. Home is offered furnished and was completed in 2014. The manager has listed the unit size as 3551 square feet.
| |||
| Mar 5, 2018 | Listed by Premier Properties | $1,299,000 | |
| Listed by Premier Properties | |||
| May 1, 2014 | Sold | ||
| Sold | |||
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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
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 Andalusia
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Listed by: Carla Lehman, Premier Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218007502DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218007502DA
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