$725,000
●
House -
Off Market
49680 Rancho La Merced
La Quinta, CA 92253
5 Beds
5 Baths,
1
Half Bath
3,854 Ft²
$1,498,872
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model
About This Property
This Plan 4 at Talante is the largest of the models and offers true
California living style. Wonderful courtyard and double door entry
welcomes you. A formal living/dining room opens to the covered
patio area. The spacious kitchen open to the family room with
fireplace is ideal for entertaining. The design offers privacy to
family and friends. The Master suite has a sitting area, his and
her closets, large marble bath appointed with dual vanities, sunken
tub and walk-in shower. Three bedrooms are located on the opposite
end of the house that have a wonderful bonus room and the guest
house is perfect for guests or a private office. The original plan
had an office, the sellers had it constructed as a 5th bedroom that
can be converted back. Enjoy the expansive backyard with private
salt water pool & spa, barbeque island and gas fire-pit. All of
this plus as a La Quinta resident play at Silver Rock Golf Resort
at discounted rates!
Unit Size
3,854 Ft²
Days on Market
139 days
Land Size
0.41 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
$195
Year Built
2002
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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 #21471201DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2023 | No longer available | - | |
| No longer available | |||
| Jun 19, 2023 | In contract | - | |
| In contract | |||
| Jun 14, 2023 | Relisted | $1,495,000 | |
| Relisted | |||
| May 13, 2023 | In contract | - | |
| In contract | |||
| May 1, 2023 | Listed by Bennion Deville Homes | $1,495,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Buyer could not perform - back on the market!Highly upgraded and well-maintained home in one of La Quinta's premiere neighborhood-Talante. This Plan 4, the largest floor plan in Talante, boasts over 3850 square feet with 4 en-suite bedrooms (4th bedroom is a detached casita), powder room, bonus/media room, formal living-dining area and an office. Upgrades include; renovated kitchen, custom window coverings, beautiful neutral tile and added ceiling lights thru out, upgraded solid core doors and hardware, baseboards, custom build-ins, partial new windows, and newly upgraded master bath. The expansive backyard features travertine pavers with a large pool & spa, build-in BBQ and firepit. Three car garage with a mini split a/c system and storage cabinets. Gated development of 75 homes w/ low HOA dues, one of La Quinta most desirable community. Furnished per inventory list The manager has listed the unit size as 3854 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Quinta
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Listed by: The Bennett Group, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21471201DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21471201DA
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