Listed by: Carol-Lynne Mittelbusher, California Lifestyle Realty
$1,325,000
●
House -
Off Market
78825 Lima
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,000 Ft²
$2,706,185
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model
About This Property
Desired by many, destined for just one! The idyllic southern
mountain view is very nearly eclipsed by the exquisite architecture
of this custom home! The elegant expanse of the great room is
enhanced by the curving wall of glass and volume ceilings.
Hand-selected details abound, from the etched glass doors at the
entry and on the 200-bottle wine cellar to the travertine floors
and beautifully-planned built-ins in office, media center, and
laundry. The chef-designed island kitchen boasts furniture-quality
cabinetry, pull-out shelves, double drawers, and dual dishwashers,
granite counters and walk-in pantry. A butler's pantry adjoins the
stunning formal dining room, and a cozy library with fireplace
offers a quiet retreat to enjoy the music of the casita's courtyard
fountain or surround sound system. A 60-foot salt water pool,
separate therapeutic spa, and an outdoor kitchen, all set against
meticulous landscaping, show the thoughtful care that has been
lavished upon this beautiful home.
Unit Size
4,000 Ft²
Days on Market
72 days
Land Size
0.32 acres
Price per sqft
$363
Property Type
House
Property Taxes
-
HOA Dues
$242
Year Built
2000
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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 #214082421DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2014 | Sold | ||
| Sold | |||
| Sep 5, 2014 | Listed by California Lifestyle Realty | $1,450,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Citrus Club
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Listed by: Carol-Lynne Mittelbusher, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214082421DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214082421DA
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