Listed by: Jessica Bailey, Realty Executives Desert Lifestyles
$900,000
●
Land -
Off Market
83272 Avenue 51 Avenue
Coachella, CA 92236
Studio
0 Bath
$1,548,550
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Close to everything and hard to find smaller piece of land with
mountain and grove views! Approximately 600 mature dates trees with
heavy production. All Medjool with just a few Deglet trees.
Functioning well that waters all of the trees on a drip system with
newly installed hoses. Approximately 2016 sq ft. packing building.
Building is solid concrete with wood trim. Large roll up doors.
Substantially build and could be used for a variety of purposes.
Close to music festivals, golfing, shopping, horse show and dining.
Date grove is income producing. Keep the property as a profitable
date grove or make this a site for an estate home surrounded by
date trees! This gorgeous date farm includes APN number
767-130-021.
Unit Size
-
Days on Market
199 days
Land Size
7.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1982
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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 #217024062DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2018 | Sold | ||
| Sold | |||
| Sep 9, 2017 | Listed by Realty Executives Desert Lifestyles | $1,000,000 | |
| Listed by Realty Executives Desert Lifestyles | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Vista Santa Rosa
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Listed by: Jessica Bailey, Realty Executives Desert Lifestyles
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 217024062DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 217024062DA
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