Listed by: Richard McClean, Bennion Deville Homes
$269,500
●
House -
Off Market
47836 endless sky
La Quinta, CA 92253
3 Beds
2 Baths
1,337 Ft²
$513,748
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model
About This Property
Beautiful 3 bedroom home in excellent condition. Cul-de-sac
location for privacy. Tiled kitchen floors, with carpeting
throughout most of the house. Surround sound and alarm system.
Large patio. This is an over 55 community. It must be a primary
residence. Buyers must be approved by the City of La Quinta and
their redevelopment program. Property carries a $56,000 silent
second with the city, so you pay $213,500. Income guidelines for
eligibility fall between $37K-$62K, depending upon 1 or 2
occupants. Call Becky Caha with the City of La quinta housing
authority at for guidelines and qualifying
eligibility.
Unit Size
1,337 Ft²
Days on Market
92 days
Land Size
0.08 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
$148
Year Built
2006
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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 #213006343DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2019 | No longer available | - | |
| No longer available | |||
| May 1, 2019 | Listed | $320,000 | |
| Listed | |||
| | |||
|
Look no further! This home is IMMACULATE and absolutely PERFECT in every way! The seller spared no expense with this QUALITY REMODEL making smart and practical choices in each room. The outdoor covered patio is a welcome retreat anytime of day..featuring a soothing water feature, artificial grass and well-manicured garden. Watercolors is a gated 55+ active adult community of newer detached single-family homes designed for moderate income households and is located in desirable South La Quinta, CA, surrounded by world-class golf courses and popular shopping, dining and entertainment options. The community features 149 single story, Santa Barbara inspired homes, a Clubhouse, meeting rooms for social activities and events, Pool and Spa and low HOA fees. Homes are PARTIALLY SUBSIDIZED by the City of La Quinta to keep payments affordable. Buyers must qualify under moderate income limits and be purchasing the home as a primary residence. Call today to see if you qualify! Upgrade List Avail. The manager has listed the unit size as 1337 square feet.
| |||
| Mar 10, 2014 | Sold | ||
| Sold | |||
| Dec 6, 2013 | Listed by Bennion Deville Homes | $269,500 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Santa Rosa
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Listed by: Richard McClean, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213006343DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213006343DA
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