Listed by: Michael Pinter, Shaffer Realty and Mortgage
$554,500
●
House -
Off Market
50540 Cypress Point Drive
La Quinta, CA 92253
3 Beds
3 Baths
2,349 Ft²
$1,035,072
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Gorgeous 2349 sq.foot home, in the La Quinta Fairways,a gaurd gated
community very close to Old Town La Quinta. Home overlooks the 8th
green and lake of the Pete Dye Dunes golf course. With 3 bedrooms
and 3 Bathrooms,new carpet and recent paint.Plantation shutters
thru-out,Low HOA fee of $233.00 a month.
Unit Size
2,349 Ft²
Days on Market
189 days
Land Size
0.21 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
$233
Year Built
2000
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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 #213008820DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 16, 2020 | Sold | ||
| Sold | |||
| Dec 27, 2019 | Listed by The Lori Bowers Group | $679,000 | |
| Listed by The Lori Bowers Group | |||
| | |||
|
La Quinta Fairways- Here is the pristine and beautiful impeccably maintained golf course home with pool and spa you have been waiting for and a bargain price too! You have your own piece of paradise with this recently redone and professionally decorated home - 3 bedrooms(one bedroom is an attached casita), 3 baths, on the golf course with incredible fairway and lake views. As soon you enter the walled courtyard with mountain views you will love this home. The home features upgrades including: tile floors except for the bedrooms which have like new carpet,fireplace in the great room,stainless appliances,gorgeous white cabinets with roll out shelves,granite,marble,or tile throughout the kitchen and bathrooms,crown molding,5 1/2 in. baseboards,shutters,incredible lushly landscaped backyard with artificial turf and wonderful pool and spa plus misters wrought iron fence, and BBQ. Low HOA of $310 month includes basic cable, internet,front yard landscaping, manned gate. Home can be purchased furnished per inventory. Homes like this rarely become available.
| |||
| Sep 4, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $649,500 | |
| Listed | |||
| | |||
|
La Quinta Fairways- Here is the pristine and beautiful impeccably maintained golf course home with pool and spa you have been waiting for and a bargain price too! You have your own piece of paradise with this recently redone and professionally decorated home - 3 bedrooms(one bedroom is an attached casita), 3 baths, on the golf course with incredible fairway and lake views. As soon you enter the walled courtyard with mountain views you will love this home. The home features almost $80,000 in upgrades since 2014 includuding: tile floors except for the bedrooms which have like new carpet,fireplace in the great room,stainless appliances,gorgeous white cabinets with roll out shelves,granite,marble,or tile throughout the kitchen and bathrooms,crown molding,5 1/2 in. baseboards,shutters,incredible lushly landscaped backyard with wonderful pool and spa and wrought iron fence, plus BBQ. Low HOA of $350 month includes basic cable,front yard landscaping, manned gate. The manager has listed the unit size as 2349 square feet.
| |||
| Jul 8, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Michael Pinter, Shaffer Realty and Mortgage
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213008820DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213008820DA
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