Listed by: Michael Schwartz, Coldwell Banker Realty
$212,500
●
House -
Off Market
47875 Sumac Street
La Quinta, CA 92253
4 Beds
3 Baths,
1
Half Bath
1,920 Ft²
$414,266
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model
About This Property
BACK on MARKET! Buyer flaked! In the center of La Quinta, sits the
quiet gated community of Mira Flores. In the center of Mira Flores
sits this beautiful 4BR/2.5BA home waiting for you and your family.
This home is either an entertainer's dream or is perfectly suited
for family lifestyle. You decide. Plantations shutters & ceiling
fans in all major rooms and bedrooms. Formal dining and the kitchen
opens to the family room. One of the bedrooms is now used as an
office. How will you use it? Low maintenance gated block yard with
large open patio creates a park-like setting you & the pets to
roam. 2 Car garage. Mira Flores offers a community pool & spa & a
park and is close to shops, parks, great dining, & excellent
schools.The reasonable HOA includes all amenties as well as the
front landscaping. Crank up either of the two A/C units, as you are
on IID power. Swamp cooler saves even more $$. But, don't believe
me. I'm a Realtor. Come and see for yourself! It's YOUR move!
Unit Size
1,920 Ft²
Days on Market
164 days
Land Size
0.13 acres
Price per sqft
$111
Property Type
House
Property Taxes
-
HOA Dues
$275
Year Built
1999
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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: 2 years ago (CRMLS #21475096DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2013 | Sold | ||
| Sold | |||
| May 4, 2013 | Listed by Coldwell Banker Realty | $212,500 | |
| 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
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Status
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Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Miraflores
Similar Homes for Sale
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Listed by: Michael Schwartz, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21475096DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21475096DA
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