$2,425,000
●
House -
Off Market
58662 Banfield Drive
La Quinta, CA 92253
4 Beds
6 Baths
5,412 Ft²
$3,470,015
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Elegant California living at its finest! From the moment you enter
the home's private courtyard entry, features such as a stately
fountain and out'door living area with fireplace create a sense of
warmth, indoors, soaring ceilings with rugged beam ceilings & an
unapologetic use of hand-selected stone surfaces and designer
fabrics create a setting where elegant interior design and a
user-friendly floor plan merge with ease. Spread across over 5,412
sq: ft: Owners and their privileged guests will enjoy numerous
indoor living atmospheres - each decidedly different and each
affording a view of either a tranquil courtyard or northward across
the floor of the Coachella Valley. Step outside and explore
features such as a romantic fire pit, outdoor living area with
fireplace, entertainer's BBQ & a custom pool, spa and water
feature - all within reach of the Santa Rosa foothills for which
The Quarry is famous!
Unit Size
5,412 Ft²
Days on Market
54 days
Land Size
0.55 acres
Price per sqft
$479
Property Type
House
Property Taxes
-
HOA Dues
$540
Year Built
2004
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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 #219047623DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2020 | Sold | ||
| Sold | |||
| Aug 12, 2020 | Listed by Keller Williams Realty | $2,595,000 | |
| Listed by Keller Williams Realty | |||
| Jul 4, 2019 | No longer available | - | |
| No longer available | |||
| Dec 17, 2018 | No longer available | - | |
| No longer available | |||
| Dec 14, 2018 | Listed | $2,695,000 | |
| Listed | |||
| | |||
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Private custom estate with incredible panoramic views at The Quarry! Four bedrooms, four baths and two powder rooms, including casita, plus office. Approximately 5,412 sq. ft. on over a half acre. Built by the valley's premier builder, Chuck Strother with top of the line architectural finishes throughout and interior design by Donna Dunn. Features beautiful interior courtyard with fireplace, custom fountain and covered patio. Great room with fireplace, wet bar and formal dining room. Gorgeous gourmet kitchen with top of the line appliances, double granite islands with sinks, breakfast bar and nook. Master suite with fireplace and inviting bath with double vanities and dressing rooms. Executive office with built-ins, casita with fireplace, mini kitchen and living area. Custom pool with water features, and raised waterfall spa. Outdoor BBQ kitchen and the most amazing down valley and mountain views! Offered furnished per inventory. The manager has listed the unit size as 5412 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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HOA + Taxes
About La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Team Larson, Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047623DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047623DA
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