$1,025,000
●
House -
Off Market
50330 Via Puente
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,895 Ft²
$2,102,278
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model
About This Property
Highly upgraded popular Mesquite plan situated on the lake with an
oversized lot. Wonderful expanded patio with built in BBQ island
with seating for guests, see through fireplace and saltwater
pool/spa with plenty of sunshine or shade options. There is even a
grassy side yard that is perfect for children or pets. Upgrades
include 24x24 slate flooring, designer carpets, paints, granites,
sail shades and fountain in courtyard, iron entry and side gates,
window treatments, 4 solar skylights and epoxy floors in the 3 car
garage. Double stacking corner sliders open to the patio and lake,
perfect for entertaining. Palmilla is centrally located in La
Quinta with 8 acres of stunning lakes a 24/7 guard gate. Palmilla
is a Citrus community affording membership to the Citrus Golf Club
and easy golf cart access through a common gate between the two
communities. Membership is not required. Don't miss the opportunity
to live in one of La Quinta's most beautiful and unique
communities.
Unit Size
3,895 Ft²
Days on Market
89 days
Land Size
0.32 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
$620
Year Built
2003
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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 #214082740DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2014 | Sold | ||
| Sold | |||
| Oct 1, 2014 | Listed by Southern Hills Real Estate | $1,125,000 | |
| Listed by Southern Hills Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palmilla
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Patty Doyle, Southern Hills Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214082740DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214082740DA
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