$640,000
●
House -
Off Market
48527 Stillwater Drive
La Quinta, CA 92253
3 Beds
3 Baths
2,390 Ft²
$1,096,145
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Only a select few homes within coveted Hidden Canyon in La Quinta
offers these unparalleled mountain views. This rarely lived in home
also boasts beautiful hardwood flooring in the master suite, guest
bedrooms and dining room. Stainless steel appliances, including a
Sub Zero refrigerator and slab granite counters in the open gourmet
kitchen. A fireplace in the great room along with upgraded french
doors leading out to the stunning panoramic views of the Santa Rosa
mountains, and a large beach entry pool with spa, has this Ridge
View Plan 1 checking all the must have boxes. Both Air conditioners
as well as the tile flooring in all the bathrooms are new. Hidden
Canyon has just 168 homes and very appealing HOA dues of just $200
monthly. Hidden Canyon is adjacent to the La Quinta Resort, hiking,
biking, tennis and golf, as well as numerous shops and restaurants.
Unit Size
2,390 Ft²
Days on Market
272 days
Land Size
0.25 acres
Price per sqft
$272
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: 3 years ago (CRMLS #215034394DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2016 | Sold | ||
| Sold | |||
| Nov 17, 2015 | Listed by Bennion Deville Homes | $649,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Fireplace
Garage
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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HOA + Taxes
About La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Devane Andersen Team, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215034394DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215034394DA
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