943 Mesa Grande Drive
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2023 | No longer available | - | |
| No longer available | |||
| Apr 1, 2023 | Price Decreased |
$1,699,999
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Feb 7, 2023 | Listed by Legacy 15 Real Estate Brokers | $1,750,000 | |
| Listed by Legacy 15 Real Estate Brokers | |||
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Premier Location! This south-facing Ocotillo II floor plan (w/ club membership) is situated perfectly overlooking the 9th hole of the Arroyo course, pond and stunning mountain views in the prestigious gated community of Indian Ridge Country Club. Upgrades galore, this beautiful 3 bedroom, 3.5 bathroom, 2 car and golf cart attached garage is what you've been looking for! As you enter the home you are greeted by the light and bright open floor plan and custom improvements throughout, such as the chilled wine closet, freshly painted interior & exterior, custom fireplace, chefs kitchen, built-in entertainers bar, custom stone flooring, volume ceilings, custom plantation shutters, dual controlled AC systems, recessed lighting, ceiling fans throughout + MORE. This home is impeccably kept and showcases immaculate detailing throughout. There are two ensuite guest bedrooms that are generous in size with beautiful hardwood floors. The primary bedroom has sliding doors to an outside patio, a reimagined walk-through closet with dressing area, and separate tub and shower. The inside laundry room has plenty of storage and a built-in sink. The landscaped backyard is perfect for entertaining with the custom private pool, jacuzzi and built-in BBQ area. Over $150k+ of improvements, including a newly renovated exterior complete with low maintenance drought tolerant landscaping w/ full irrigation system, brand new custom paved driveway, entry and front courtyard. This home strikes the perfect balance between an entertainer’s dream and a private retreat. Grab your tooth brush and move right in! Club membership available at the finest club in the desert with 2 Arnold Palmer signature 18 hole golf courses, tennis, pickleball, fitness center, full service spa, 34 pools and multiple dining venues. Located in the PUD where low HOA dues of $540/month cover trash, wi-fi, & cable. NO WAIT FOR CLUB CATEGORY MEMBERSHIP WITH THIS HOME, This home won't last long! Please contact Pat Macdonell in Membership - (760) 772-7281 at Indian Ridge Country Club for more details about membership opportunities. Some furnishings may be considered in sake, ask for inventory list if interested. The manager has listed the unit size as 3255 square feet.
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| Jun 24, 2020 | Sold | ||
| Sold | |||
| May 22, 2020 | Listed by HK Lane Real Estate | $999,000 | |
| Listed by HK Lane Real Estate | |||
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Don't miss this Beautiful, Rare, South facing Ocotillo II WITH Club membership available. Enjoy elevated lake, fairway and mountain views from this special lot. Home features include a beautiful pool/spa, and custom stone flooring throughout, and all AC systems have been replaced.. Other features include: Beautiful custom chilled wine closet, freshly painted living areas and hallway (now white, making a HUGE difference) MUCH BRIGHTER!! Wood floors in all 3 bedrooms. custom shutters, and more! Wonderful views and setting from the backyard with built-in BBQ, and many more custom upgrades in this beautifully furnished home which also includes the golf cart. Don't miss this incredible opportunity. Owners will consider lease/option.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017