Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$270,000
●
House -
Off Market
51596 Avenida Ramirez
La Quinta, CA 92253
3 Beds
2 Baths
1,248 Ft²
$385,568
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Welcome home to this affordable, three bedroom, two bath, recently
updated home, with no HOA's in La Quinta. Featuring granite
counters, stainless appliances, updated cabinets, fans, tile, and
paint, this home is perfect for a primary residence or investment
property. Lots of grass in the front yard as well as the back,
along with a covered patio, for kids or pets. Close to hiking,
biking, world-class golf, tennis, shopping, dining, theater, and
all that the desert has to offer. Old Town La Quinta is just
minutes away. This home is also on natural gas and city sewer, so
no septic or propane needed.
Unit Size
1,248 Ft²
Days on Market
40 days
Land Size
0.11 acres
Price per sqft
$220
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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 #219042908DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| Aug 17, 2022 | Price Decreased |
$599,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Aug 5, 2022 | Listed by HomeSmart Professionals | $629,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
The manager has listed the unit size as 1248 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 22, 2021 | Sold | ||
| Sold | |||
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Property Highlights
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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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Listed On
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Sold On
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219042908DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219042908DA
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