Listed by: Brad Schmett Real Esta..., Brad Schmett Real Estate Group
$639,000
●
House -
Off Market
51240 Avenida Herrera
La Quinta, CA 92253
3 Beds
3 Baths
1,914 Ft²
$703,990
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Ready to experience the best in La Quinta living? Ideally set on a
corner lot, this impeccable 3-bedroom Santa Fe-style home greets
you with lush landscaping and stunning curb appeal that entices you
inside to discover more. Double front doors lead to your living
room where abundant windows provide both natural light and stunning
mountain views while a tiled fireplace lends warmth and ambiance.
Crafted for entertaining, the open layout seamlessly combines your
family room, dining area, and kitchen to create a welcoming space
for gathering. Wake up refreshed in your sunlit private retreats,
including the primary bedroom with ensuite featuring a glassed-in
sit-down shower and a double vanity. Multiple doors lead out to
your inviting pool and spa, surrounded by a free-form concrete
patio for hosting cookouts and dining al fresco. You'll be living
close to shopping, dining, a fitness center, parks, hiking trails,
and all the attractions of Old Town La Quinta. Experience all this
beautiful home has to offer by coming for a tour before it's gone
for good!
Unit Size
1,914 Ft²
Days on Market
96 days
Land Size
0.14 acres
Price per sqft
$334
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2004
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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 #219067951DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Brad Schmett Real Estate Group | $639,000 | |
| Listed by Brad Schmett Real Estate Group | |||
Property Highlights
Air Conditioning
Garage
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 Santa Carmelita at Vale La Quinta
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Listed by: Brad Schmett Real Esta..., Brad Schmett Real Estate Group
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219067951DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219067951DA
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