$825,000
●
House -
Off Market
48280 Stillwater Drive
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
3,349 Ft²
$1,601,645
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model
About This Property
You will know this home is special as soon as you enter into the
lush courtyard with interlocking pavers and tranquil water
features. This immaculate Ridge Gate plan 2 home located in the
much sought after gated community of Hidden Canyon boasts 4 large
bedrooms with an office off the master suite, a formal living and
dining room, and the coveted great room floor plan that includes a
fireplace and wet bar. The open and bright gourmet kitchen has slab
granite counters, a double oven and stainless steel appliances,
along with a breakfast nook. The home offers spectacular mountain
views from almost every room and is an entertainer's dream. With a
built in BBQ and fire pit in the backyard, it is the perfect spot
to host guests as you take in the majestic Santa Rosa mountains.
Hidden Canyon is an exclusive gated community of only 168 homes add
to that the extremely affordable HOA dues of just $200 a month and
you'll have to ask yourself, how can I pass this up? Call Today!
Unit Size
3,349 Ft²
Days on Market
51 days
Land Size
0.24 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
$200
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 #214005719DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2014 | Sold | ||
| Sold | |||
| Feb 14, 2014 | Listed by Coldwell Banker Res. Brokerage | $849,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
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: Sondra Andersen, Coldwell Banker Res. Brokerage
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214005719DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214005719DA
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