Listed by: Justin Smith, Re/Max Desert Properties
$595,000
●
House -
Off Market
51420 Cll Jacumba
La Quinta, CA 92253
3 Beds
3 Baths
1,776 Ft²
$2,939
Est. Monthly
About This Property
Mid-Century home located in Desert Club Estates just steps from the
heart of Old Town La Quinta. Where you'll find top-tier dining and
a shopping destination set against the stunning backdrop of the
Santa Rosa Mountains. This unique home includes a
guest/mother-in-law suite and is sold fully furnished. Offering
convenience and comfort for immediate move-in or rental
opportunities. Enjoy relaxing under the retractible awning with
your custom saltwater pebble-tec pool and spa with a tanning shelf.
With all-new appliances, updated lighting, energy-efficient
windows, new sliders and the roof was recently re-foamed. Each
bedroom has its own slider for easy outdoor access. Eligible for
home share through the City of La Quinta, allowing you to rent part
of it while residing there as your primary residence.Enjoy nearby
hiking and biking trails, quick access to Coachella and Stagecoach
music festivals, and so much more.
Unit Size
1,776 Ft²
Days on Market
118 days
Land Size
0.11 acres
Price per sqft
$337
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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 #219111914DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| May 21, 2024 | Listed by Re/Max Desert Properties | $598,500 | |
| Listed by Re/Max Desert Properties | |||
Property Highlights
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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Sold On
Sold On
HOA + Taxes
About Desert Club
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Listed by: Justin Smith, Re/Max Desert Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219111914DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219111914DA
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