$390,000
●
House -
Off Market
44095 Ocotillo Drive
La Quinta, CA 92253
4 Beds
3 Baths,
1
Half Bath
2,674 Ft²
$709,963
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
Note the Price Reduction Please give this home a second look! The
entry is very dramatic with luxurious granite/Italian tile. You can
also see the lovely pool and jaccuzzi out the back! Dual sided
granite and mirrored fireplace. It can be a formal dining room or
entertainment room for a pool table! The master suite has a room
sized walk-in closet. One of the four bedrooms is wired for a full
functional office. There are 2 A.C. units the 5 ton is a new unit!
Located on a secure private cul-de-sac and close to Desert's best
schools as well as good shopping This house is truly lovely and a
nice floor plan designed for enjoyment as a primary or vacation
home. Don't miss seeing this house.
Unit Size
2,674 Ft²
Days on Market
169 days
Land Size
0.28 acres
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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: 3 years ago (CRMLS #215019688DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2015 | Sold | ||
| Sold | |||
| Jul 8, 2015 | Listed by Coldwell Banker Realty | $399,990 | |
| Listed by Coldwell Banker Realty | |||
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 La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marty Butler, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215019688DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215019688DA
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