Factor in cap rate analysis, financing, common charges
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Price History
Amenities
Neighborhood
$1,500,000
●
House -
Off Market
Undisclosed Address
Mariposa, CA
4 Beds
4 Baths
4,200 Ft²
$1,545,699
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Perched atop a mountain, with interconnecting stairs, are 2
uniquely designed homes totaling 4200 sq. ft. Touted as
having the best views in Mariposa County, this gorgeous property
known as Indian Peak Ranch is truly one-of-a-kind. The 2 homes,
both with spectacular views, sit amongst giant granite boulders on
122 private acres (one 61 AC parcel with existing structures & an
additional 61 AC parcel awaiting future development). The
distinctive architect designed 2750 sq. ft. split level main home,
with high open beam ceilings, has 2 bedrooms & 2 baths, laundry
room, large study/family area, all on the upper level, while the
stunning great room with living, dining & kitchen/breakfast/pantry
are on the lower level. The living area features a massive 2-story
stone Rumford fireplace while the study/family area features a cozy
wood-burning stove encased in stone. Expansive redwood decks with
jaw-dropping views surround the main home along with am in-deck
pool & hot-tub set in Mariposa Slate. A spacious 3 car garage
is adjacent to the main home. The 1450 sq. ft. split-level guest
house, also with in-deck pool, hot-tub & incredible views, and with
income potential as a vacation rental, has 2 bedrooms & 2 baths,
plus a great room with newly renovated kitchen. Brand new whole
house generator just installed! Drive the half-mile paved
driveway with views at every turn, to the top of the mountain.
Floor plans with these approximate noted sq. ft. are
available.
Unit Size
4,200 Ft²
Days on Market
165 days
Land Size
122.00 acres
Price per sqft
$356
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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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.
Fireplace Features: Living Room, Masonry, BonusRoom, GuestAccommodations, PrimaryBedroom
Exterior Details
Square Footage: 4200
Square Footage Source: $0
Property Condition: Turnkey
Architectural Style: Custom
Year Built Source: Owner
Year Built: 1998
Levels: Multi/Split
Other Structures: Barn(s), Guest House, GuestHouseDetached, TwoOnALot
Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows, Skylight(s), CasementWindows
Construction Materials: Wood Siding, Drywall
Patio and Porch Features: Deck, Front Porch, Wrap Around, Stone, Wood
Pool Features: Fiberglass, Private, See Remarks
Pool is Private
Lot Features: Secluded, LotOver40000Sqft, Rocks, Trees
Lot Size Area: 122
Lot Size Units: Acres
Lot Size Acres: 122
Lot Size Square Feet: 5314320
Water Source: Public, Well
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Fireplace(s)
Sewer : Septic Tank
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