Listed by: Joan Bardwell, Rancho La Quinta Properties
$635,000
●
House -
Off Market
48565 Capistrano Way
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,323 Ft²
$1,244,612
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model
About This Property
One of a few homes in Rancho La Quinta that is not on the golf
course. Striking Terraza I in a private, lushly landscaped setting.
Enchanting sunsets,splendid western mountain views and remarkable
outdoor living spaces set this impeccably maintained home apart.
Special features include rich custom built-ins in great room with
matching foyer niche,two-toned travertine fireplace with curved
mantle,upgraded tile flooring with accent insets,plantation
shutters,and a stylish entry chandelier.Other unexpected delights
are surround sound, abundant storage, handsome built-ins in den(or
3rd bedroom) and a charming courtyard off the master suite with a
fountain. A bright, well-equipped kitchen opens to a spacious great
room and invites you outdoors to a peaceful back yard with large
salt water pool, raised spa, waterfall, barbecue, retractable
awning, extensive outdoor lighting and meticulous landscaping. HOA
dues of $660 include social membership,tennis, fitness,front
landscaping, and cable TV
Unit Size
2,323 Ft²
Days on Market
336 days
Land Size
0.20 acres
Price per sqft
$288
Property Type
House
Property Taxes
-
HOA Dues
$660
Year Built
1997
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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 #21480890DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2014 | Sold | ||
| Sold | |||
| Sep 16, 2013 | Listed by Rancho La Quinta Properties | $670,000 | |
| Listed by Rancho La Quinta Properties | |||
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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ft²
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HOA + Taxes
About Rancho La Quinta
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Listed by: Joan Bardwell, Rancho La Quinta Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21480890DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21480890DA
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