Listed by: Timothy Benoit, Coldwell Banker Realty
$434,500
●
House -
Off Market
51535 Avenida Obregon
La Quinta, CA 92253
3 Beds
2 Baths
1,585 Ft²
$633,667
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
This beautifully remodeled Santa Fe home is situated at the far
west side of La Quinta Cove and is steps away from Bear Creek Trail
and a quick jaunt to Old Town restaurants and shops. Meticulously
remodeled with a serene modern vibe while respecting its
traditional Santa Fe design. Soaring 12 foot ceilings and
clerestory windows enhance the spacious open living area, with fun
pops of color and a playful Dia de Los Muertos theme. The well
appointed gourmet kitchen includes: soft close cabinets, custom oak
countertops and all stainless appliances. Don't miss the recipe
nook with integrated USB plugs to charge your iPad and plan your
next festive gathering. Exit out back to the atrium dining area and
sparkling pool through any of three sliding doors from the living
room, kitchen, or the spacious master suite. Surrounded by
spectacular mountain views, La Quinta Cove has numerous hiking and
biking trails, minutes to award winning restaurants, plenty of
shopping and close proximity to Coachella Festival, golf courses,
Indian Wells Tennis Gardens and more. There are no HOA's and has
excellent vacation rental potential.
Unit Size
1,585 Ft²
Days on Market
45 days
Land Size
0.11 acres
Price per sqft
$274
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: 3 years ago (CRMLS #219035436PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2020 | Sold | ||
| Sold | |||
| Dec 15, 2019 | Listed by Coldwell Banker Realty | $434,900 | |
| Listed by Coldwell Banker Realty | |||
| May 26, 2016 | Sold | ||
| Sold | |||
| Jan 8, 2016 | Listed by JM Desert Real Estate | $285,000 | |
| Listed by JM Desert Real Estate | |||
| | |||
|
Move in ready, Santa Fe Style home with pool. Located in one of the best areas in La Quinta Cove. Beautiful mountain views from the living room area. The exterior of the home has been recently painted and a new stove and microwave have been added. This home offers high ceilings which makes the home feel bigger. It has 3 bedrooms and 2 bathrooms which includes a master bedroom with its own bathroom and separate entry into the pool area. This property is connected to the sewer. Owner may carry.
| |||
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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About Santa Carmelita at Vale La Quinta
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Listed by: Timothy Benoit, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219035436PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219035436PS
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