Listed by: Ron Roisum, Rancho La Quinta Properties
$1,100,000
●
House -
Off Market
48560 Capistrano Way
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,270 Ft²
$6,840
Est. Monthly
$1,198
HOA / Fees
4.18%
Cap Rate
About This Property
This is the perfect get-a-way three-bedroom bungalow with
over-the-top views of the Santa Rosa Mountain range. Highly
elevated above the 3rd fairway of the Robert Trent Jones Jr.
Championship Golf Course. Relax on the view patio or unwind in the
8-person spa with its own waterfall. Located on a cul-de-sac
street. Enter through a private courtyard. New landscaping.
The interior features a great room floor plan with tremendous views
from all windows. Neutral tile floors and high-quality soft-shade
custom window coverings. A natural stack stone fireplace and
entertainment wall sets a dramatic tone for the entire great room.
The interior has just been painted. New carpeting in the master
bedroom and guest bedroom. One guest bedroom features engineered
wood look flooring. The cook's kitchen features a large center
island, slab granite counters, white appliances and a great view!
The large master suite features a private patio area and dual
walk-in closets. Furnished per Inventory List. Epoxy finished
flooring in the two-car garage plus golf cart garage and built-in
storage.
Unit Size
2,270 Ft²
Days on Market
25 days
Land Size
0.18 acres
Price per sqft
$506
Property Type
House
Property Taxes
-
HOA Dues
$1,198
Year Built
1997
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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 #219122207DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by Rancho La Quinta Properties | $1,149,000 | |
| Listed by Rancho La Quinta Properties | |||
| Jan 30, 2019 | No longer available | - | |
| No longer available | |||
| Nov 30, 2018 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Sep 4, 2018 | Price Decreased |
$649,000
↓ $40K
(5.8%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Parking Available
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Rancho La Quinta
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Listed by: Ron Roisum, Rancho La Quinta Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219122207DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219122207DA
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