$385,000
●
House -
Off Market
48629 Calle Esperanza
La Quinta, CA 92253
3 Beds
2 Baths
1,950 Ft²
$590,802
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Beautiful renovation in this great 3 bed 2 bath home. Move right
in! HOA includes Building and earthquake Insurance, buyer to
verify. You only need the correct type of Condo insurance on this
singe family detached home. Exterior to be painted with updated
colors by HOA in near future and you get to pick color. Large
master bedroom suite. New kitchen with quartz counters and all
newer stainless appliances. Both bathrooms remodeled. Grab your
favorite drink and head to the back patio and enjoy the
breathtaking mountain views. Fruit trees on the West side provide
sweet dividends plus summertime shade to lower the cooling cost.
Enjoy the amenities of a 7 acre community lake with catch and
release fishing, paddle boats, 15 pools and 16 spas. Walking,
hiking and biking are local activities. Old Town La Quinta is
minutes away for dining and meeting old and new friends. No need to
travel far as most vacationers come to where you just bought your
dream home.
Unit Size
1,950 Ft²
Days on Market
79 days
Land Size
0.12 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
$500
Year Built
1995
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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 #218000584DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2018 | Sold | ||
| Sold | |||
| Jan 12, 2018 | Listed by Keller Williams Realty | $385,000 | |
| Listed by Keller Williams Realty | |||
| Jun 17, 2016 | Sold | ||
| Sold | |||
| Jun 22, 2015 | Listed by HK Lane Real Estate | $297,500 | |
| Listed by HK Lane Real Estate | |||
| | |||
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In beautiful Laguna De La Paz! 1,950 SF, 3-bed, 2-bath home with elegant floor plan. From front door to patio sliders and high-ceiling living room, feel the spaciousness. Open kitchen with full appliances. Expansive master suite & ample walk-in closet offer privacy. Views make each day special. Grab a cuppa joe, beer, glass of wine, or cocktails and head out to watch the day's light caress the mountains with colorful changing hues, from brilliant orange at sunrise to gentle rose luster of sunset. Host a BBQ for friends & neighbors. Fruit trees provide sweet dividends plus summertime shade. A secure, guard-gated community, LDLP has everything for a get-away home. Lighted bocce ball & tennis courts, 7-acre lake with catch & release fishing, boats, large clubhouse, workout room, saunas, 15 pools & 16 spas. Walking / hiking / biking are local faves. Convenient shopping, dining, golf, Old Town, medical facilities are minutes away. Perfectly priced!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Charles Draine, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218000584DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218000584DA
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