$420,000
●
House -
Off Market
70810 Neptune Drive
Mecca, CA 92254
3 Beds
3 Baths
1,871 Ft²
$2,038
Est. Monthly
About This Property
Look no further! this could be the mini ranch that you have been
looking for! Huge 13,939 square ft Lot! for your RV, cars, quads,
storage equipment and more! this beautiful custom beauty build in
2007', Is 1,871 square ft spacious home, with 3 spacious bedrooms
and 3 baths, High ceilings, flood lights, ceiling fans, kitchen
granite counter tops, 3 car garage, and much more! Located in
tranquil North Shore surrounded by beautiful Mountains! and did I
mention a new elementary school to be opened in 2024!
Unit Size
1,871 Ft²
Days on Market
62 days
Land Size
0.32 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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: 9 months ago (CRMLS #219101303DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2023 | Sold | ||
| Sold | |||
| Oct 11, 2023 | Listed by Realty Masters & Associates | $415,000 | |
| Listed by Realty Masters & Associates | |||
| Oct 15, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | Listed by Carlton Park Properties | $395,000 | |
| Listed by Carlton Park Properties | |||
| | |||
|
Located in North Shore just 19.6 miles south of Coachella, CA (Home of Coachella Music & Arts Festival and Stagecoach). Close to Truck haven/Ocotillo Wells (OFF ROADER'S PARADISE), bring your buggies, Jeeps, quads, RZR, etc. Potential great investment for weekend getaways with friends and families or Airbnb opportunity. Spectacular mountain, desert views, and Salton Sea views. This magnificent home has 3 bedrooms and 3 bathrooms and 3 car garage. Spacious kitchen offers walking pantry and great open floor plan to the living room. Tile floors throughout the house. The master bedroom retreat is a great, with private bathroom dual sink, tub, and separate shower, and huge walking closet. Home is well- maintained It also has vaulted ceilings. Back Patio and front yard offer desert landscape (Low maintenance) This home sits on approximately 13,939 SqFt big lot, great to enjoy with family gatherings and big enough to park an RV, Off Roader's car, buggies, etc. This home has lots of potentials the third garage could be convert it on a studio or built a 4 bedroom. DVUSD is building a new school in North Shore and new north shore perimeter lake coming soon. Buyer to verify all information. The manager has listed the unit size as 1871 square feet.
| |||
| Jun 20, 2022 | No longer available | - | |
| No longer available | |||
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About North Shore Beach Estates
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Listed by: Ramona Mora, Realty Masters & Associates
Last Updated: 9 months ago
Data Source: CRMLS, MLS# 219101303DA
Last Updated: 9 months ago
Data Source: CRMLS, MLS# 219101303DA
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