$299,000
●
House -
Off Market
48117 Vista Cielo
La Quinta, CA 92253
3 Beds
2 Baths
1,852 Ft²
$457,604
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
BACK ON MARKET! Everything done, inspections, termite report,
appraisal etc. NEW garage door motor just installed! Come see this
Fantastic opportunity inside the beautiful community of Laguna De
La Paz which features a clubhouse, tennis courts, pickle ball
courts and more in a secure, guard gated community! This home is
ready to go with lots of natural light, huge living spaces with
mountain views, and outdoor patio which backs to a greenbelt!
Unit Size
1,852 Ft²
Days on Market
130 days
Land Size
0.12 acres
Price per sqft
$173
Property Type
House
Property Taxes
-
HOA Dues
$500
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 #219033158DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2020 | Sold | ||
| Sold | |||
| Oct 26, 2019 | Listed by Keller Williams Realty | $320,000 | |
| Listed by Keller Williams Realty | |||
| Sep 3, 2019 | No longer available | - | |
| No longer available | |||
| Feb 23, 2019 | Listed | $349,000 | |
| Listed | |||
| | |||
|
This 3 BD/3 BA home is ready for your final touches. The living room features a fireplace and is adjacent to the formal dining room. The kitchen features an eat-in dining space. The spacious master suite features dual vanities and large shower. The guest bedrooms are adjacent to the second bath. The second guest room can double as a bedroom, office or den. The outdoor living space includes a wrap-around patio with multiple seating and dining options that opens to the greenbelt walkway to one of the many community pools and spas. Furnished per inventory. Laguna De La Paz is a 24-hour guard-gated community with a 7-acre lake featuring a pontoon and peddle boats, 5 tennis & 2 pickleball courts, a clubhouse with pool table, full kitchen and big screen TV. The manager has listed the unit size as 1852 square feet.
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Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About La Quinta
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Listed by: Kayla Cunard, Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219033158DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219033158DA
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