Listed by: Joni Prosser, California Lifestyle Realty
$1,035,000
●
House -
Off Market
81117 Monarchos Circle
La Quinta, CA 92253
5 Beds
6 Baths,
1
Half Bath
4,681 Ft²
$1,665,901
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
To find a five bedroom home in Griffin Ranch is very difficult, to
find a five bedroom former model home is, well you can figure it
out why they just don't come around everyday. What a special home,
with all the model upgrades you would expect and some you would
not. The Sub Zero Refrigerator is even upgraded with a glass panel.
Backsplash, cabinet, granite, wainscoting are through out this
beautiful home. And the backyard, pool, water feature, raised fire
pit with stunning view of the Santa Rosa Mountains are simply
breath taking. If you are looking for a five bedroom in a private
community with a great clubhouse, tennis, pickle ball, fitness
center, pilates and more you just found it and this one is priced
to sell.
Unit Size
4,681 Ft²
Days on Market
71 days
Land Size
0.44 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
$654
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: 2 years ago (CRMLS #218011258DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jun 28, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed | $1,099,000 | |
| Listed | |||
| | |||
|
To find a five bedroom home in Griffin Ranch is very difficult, to find a five bedroom former model home is, well you can figure it out why they just don't come around everyday. What a special home, with all the model upgrades you would expect and some you would not. The Sub Zero Refrigerator is even upgraded with a glass panel. Backsplash, cabinet, granite, wainscoting are through out this beautiful home. And the backyard, pool, water feature, raised fire pit with stunning view of the Santa Rosa Mountains are simply breath taking. If you are looking for a five bedroom in a private community with a great clubhouse, tennis, pickle ball, fitness center, pilates and more you just found it and this one is priced to sell. The manager has listed the unit size as 4681 square feet.
| |||
| Apr 17, 2018 | Listed by California Lifestyle Realty | $1,099,000 | |
| Listed by California Lifestyle Realty | |||
| Dec 5, 2013 | 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 Griffin Ranch
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Listed by: Joni Prosser, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218011258DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218011258DA
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