$379,000
●
House -
Off Market
51199 AVENIDA HERRERA
La Quinta, CA 92253
3 Beds
2 Baths
1,671 Ft²
$601,194
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Brand New Innovative Architecturally Designed Modern Hacienda!
Currently Under Construction with an estimated completion date of
October 30, 2017. Home Boasts: 3 Bedrooms/ 2 Baths at 1671 Sqft of
Luxury! 11 Foot Ceilings in the Great Room w/Tile Fireplace & 8
Foot Sliding Glasses Doors. Pre-Wired with Speakers for Surround
Sound! Ceramic Tile Floors in the Open Gourmet Kitchen, Center
Island and Custom Cabinetry, along with Stainless Steel Appliances!
Recessed Lighting throughout, window coverings, ceiling fans,
Separate Laundry Room to boot! 10 Foot Ceilings/8 Foot Doors in
Bedrooms. Master Suite includes Walk-in closet/Dual Basins and Full
Tile Shower Enclosure. This Contemporary New Home offers the option
to include Pool & Spa at Additional Cost, if so desired.
Maintenance Free Landscaping. Mountain Views Abound! Walking
distance to Old Town La Quinta Shops & Restaurants. Access to the
Biking/Hiking Bear Creek Path at the end of the Cul-de-Sac. No
HOA's here!!!
Unit Size
1,671 Ft²
Days on Market
76 days
Land Size
0.12 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017
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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: 12 months ago (CRMLS #217023200DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2017 | Sold | ||
| Sold | |||
| Aug 29, 2017 | Listed by HomeSmart | $379,000 | |
| Listed by HomeSmart | |||
| Mar 8, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Listed by HomeSmart | $69,000 | |
| Listed by HomeSmart | |||
| | |||
|
This beautiful lot is located at the flat bottom of the cove, in a Cul-De-Sac, just off of Montezuma, close to Old Town La Quinta, restaurants, biking & walking trails & our famous Arts Festival. Also our new In n Out Burger is close to Trader Joe's & the new Cinemark Gen-X movie theater.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Stephanie Gambrel, HomeSmart
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 217023200DA
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 217023200DA
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