$725,000
●
House -
Off Market
51240 Avenida Ramirez
La Quinta, CA 92253
3 Beds
2 Baths
1,614 Ft²
$850,035
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Sunny desert days and colorful sunset nights enjoyed behind the
private gates of secure compound-like grounds. Located on a
cul-de-sac in the La Quinta Cove within walking distance to the
historic hiking path and Old Town La Quinta. Executive-level
three bedroom, two bath home is completely walled-in for privacy.
Set back to allow for expansive front patio with a
large-sized heated swimming pool w flowing water features., Heated
spa and impressive mountain views. Turnkey Designer Furnished w
open floorplan and an abundance of light. Ceiling beams and fans.
Beautiful designer wood plank flooring and custom finishes
throughout. Master Bedroom Suite w showcase bath and spacious glass
block shower area. Huge walk-in closet is partially sectioned
off with separate area allowing hosts to keep personal items behind
lock and key. Sliding glass doors off of master bedroom to access
the pool, spa and incredible views. Custom built with optimum
lot utilization. Feels open and bright . Perfect for a
couple's romantic retreat or a raucous pool party weekend with
family and friends. Very special offering. No HOA
dues!!!
Unit Size
1,614 Ft²
Days on Market
23 days
Land Size
0.14 acres
Price per sqft
$433
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #219059647DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2021 | Sold | ||
| Sold | |||
| Mar 30, 2021 | Listed by HomeSmart | $699,000 | |
| Listed by HomeSmart | |||
| | |||
|
Sunny desert days and colorful sunset nights enjoyed behind the private gates of secure compound-like grounds. Located on a cul-de-sac in the La Quinta Cove within walking distance to the historic hiking path and Old Town La Quinta. Executive-level three bedroom, two bath home is completely walled-in for privacy. Set back to allow for expansive front patio with a large-sized heated swimming pool w flowing water features., Heated spa and impressive mountain views. Turnkey Designer Furnished w open floorplan and an abundance of light. Ceiling beams and fans. Beautiful designer wood plank flooring and custom finishes throughout. Master Bedroom Suite w showcase bath and spacious glass block shower area. Huge walk-in closet is partially sectioned off with separate area allowing hosts to keep personal items behind lock and key. Sliding glass doors off of master bedroom to access the pool, spa and incredible views. Custom built with optimum lot utilization. Feels open and bright . Perfect for a couple's romantic retreat or a raucous pool party weekend with family and friends. Very special offering. No HOA dues!!!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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: Raymond Radas, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219059647DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219059647DA
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