$1,150,000
●
House -
Off Market
50365 Mountain Shadows Road
La Quinta, CA 92253
3 Beds
3 Baths
2,915 Ft²
$1,367,857
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
This hidden jewel nestled in the beautiful community of Painted
Cove awaits your arrival! Modern dimensions in the
architecture are striking. Enter through the double gated
entry to a bold array of flowers and beauty. Inside, your
highly upgraded, mini estate is private. There are big
mountain views from the living room, dining room, kitchen, family
room, and master suite. Upgraded, and fine details are in
every room and ceilings are vaulted. Each of the 3
bedrooms are ensuite with their own bathrooms, and an additional
powder room for guests. A sparkly large pool with multiple
sitting areas are available on the oversized lot. With a 3
car garage, and great proximity to all the desert has to offer, you
will love to call this home!
Unit Size
2,915 Ft²
Days on Market
60 days
Land Size
0.30 acres
Price per sqft
$395
Property Type
House
Property Taxes
-
HOA Dues
$260
Year Built
1996
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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 #219059121DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Keller Williams Luxury Homes | $1,150,000 | |
| Listed by Keller Williams Luxury Homes | |||
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 La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Signe Beck, Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219059121DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219059121DA
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