Listed by: Paula Sommers Applebaum, Keller Williams Luxury Homes
$248,000
●
House -
Off Market
47655 Dancing Butterfly
La Quinta, CA 92253
3 Beds
2 Baths
1,337 Ft²
$450,632
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model
About This Property
This is THE place for seniors 55+ with qualifying income/assets!
Close to shopping, dining and yet secluded in a small, friendly
gated development with low $155/mo HOA dues in quaint La Quinta.
Bring your personal touch and enjoy this 3 bedroom/2 bath home with
its welcoming courtyard, open floorplan and high ceilings; custom
plantation shutters throughout and indoor laundry as well as a 2
car garage. This is a place where neighbors care about one another
and meet often at the clubhouse or around the community pool/spa.
Sale of some furnishings will be negotiable out of escrow. This
must be primary home with no leasing allowed. NOTE: Based on the
list price of $254,000 which includes the silent second of $65,000
equates to an adjusted loan of $189,000 All this for far less than
a comparable rental at $141/sq! Exterior is maintained in this
private sanctuary of newer homes. Seller has now relocated to N. CA
so no reasonable offer refused from pre-qualified Buyer(s).
Unit Size
1,337 Ft²
Days on Market
116 days
Land Size
0.08 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
$155
Year Built
2007
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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 #215020818DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2015 | Sold | ||
| Sold | |||
| Jul 16, 2015 | Listed by Keller Williams Luxury Homes | $254,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
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HOA + Taxes
About Santa Rosa
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Listed by: Paula Sommers Applebaum, Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215020818DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215020818DA
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