$1,375,000
●
House -
Off Market
50185 Via De Moda
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,895 Ft²
$2,666,916
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model
About This Property
The ultimate luxury desert lifestyle! Situated in the award winning
community of Palmilla, this home is lakeside with sweeping
southwest views of the Santa Rosa mountains. Never before on
market, this Mesquite floor plan is the builder's most desirable
lot in the community, incorporating designer furnishings and many
upgrades throughout. Fabulous entertaining patio that includes
infinity salt water pool, private spa, outdoor fireplace and
cooking center. Stacking corner sliders open up making a seamless
transition from indoors to outdoors. Upgrades include Slate and
Mesquite wood flooring in main living areas. Patio features include
automatic retractable awnings with misters. Custom exterior
ironwork accents the home from the moment you arrive and the custom
etched glass doors enhance the entry shaded with custom sail shades
and fountain. This home has it all, no expense spared. The ultimate
in luxury living! Discover the Peace and Tranquility that Palmilla
has to offer.
Unit Size
3,895 Ft²
Days on Market
32 days
Land Size
0.28 acres
Price per sqft
$359
Property Type
House
Property Taxes
-
HOA Dues
$620
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: 2 years ago (CRMLS #214004610DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2014 | Sold | ||
| Sold | |||
| Feb 6, 2014 | Listed by Southern Hills Real Estate | $1,399,000 | |
| Listed by Southern Hills Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palmilla
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Listed by: Patty Doyle, Southern Hills Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214004610DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214004610DA
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