$199,900
●
House -
Off Market
49938 Avenida De Plata
Coachella, CA 92236
3 Beds
1 Bath
1,443 Ft²
$296,632
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Wow! Don't miss seeing this 3 bedroom 2 bathroom home on a large
lot in an established neighborhood in the heart of Coachella. Only
one owner for the last 34 years! This home has a good floor plan
with three large bedrooms (one with a private access), a central
living room with sliding glass doors to the rear covered patio, a
dining area just off of the kitchen which includes a dishwasher,
refrigerator, oven/stove (gas), and laundry hook-ups. This home has
ceramic tile flooring throughout and has recently been partially
repainted. Other features include a two car garage with newer
garage door and automatic opener and a block wall on two sides plus
extra concrete walk ways. Close to parks, shopping, etc.
Unit Size
1,443 Ft²
Days on Market
32 days
Land Size
0.18 acres
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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: 4 months ago (CRMLS #219007519DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Desert Properties Realtors | $330,000 | |
| Listed by Desert Properties Realtors | |||
| | |||
|
Price reduced! Seller is very motivated! This 3 bedroom 2 bath home is located right in the heart of Coachella. Home is located on a nice size lot and has lots of potential. Property does require some work and is being sold as is.
| |||
| Apr 10, 2019 | Sold | ||
| Sold | |||
| Mar 9, 2019 | Listed by La Quinta Palms Real Estate Co | $199,900 | |
| Listed by La Quinta Palms Real Estate Co | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Rancho de Oro Estates
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Listed by: Bruce Cathcart, La Quinta Palms Real Estate Co
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219007519DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219007519DA
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