$408,000
●
House -
Off Market
44295 Camino Lavanda
La Quinta, CA 92253
4 Beds
3 Baths
2,540 Ft²
$797,594
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Desirable Rancho Ocotillo! This lovely home is spacious and bright
with 2540 sf featuring 4 bedrooms, a room that could be a 5th
bedroom on the second floor and 3 bathrooms. The attached casita
has a bathroom and entry. This well maintained open floor plan
welcomes you inside with vaulted ceilings and plenty of light. The
kitchen features stainless/black appliances, darker cabinets, an
island, granite tile countertops and a breakfast area. The back
door opens to an expansive and private backyard with pebble tech
pool & spa including a new energy efficient pump and two covered
patio areas. The 3 car garage features plenty of built in storage,
an attic with pull down stairs and a drive through to a paved
backyard space. Located close to International Baccalaureate
Schools, shopping, parks and the freeway. Some furniture and
refrigerator negotiable outside of escrow.
Unit Size
2,540 Ft²
Days on Market
111 days
Land Size
0.25 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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 #214013709DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2014 | Sold | ||
| Sold | |||
| Apr 9, 2014 | Listed by Coldwell Banker Res. Brokerage | $429,900 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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: Laura Croker, Coldwell Banker Res. Brokerage
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214013709DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214013709DA
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