Listed by: Sandi Phillips, HK Lane Real Estate
$185,000
●
House -
Off Market
51615 Avenida Martinez
La Quinta, CA 92253
2 Beds
2 Baths
1,042 Ft²
$336,106
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Quaint completely remodeled 2 bedroom/2 bath bungalow. Almost
everything is newer and is permitted by the City of La Quinta.
Newer Tile flooring, carpet, double pane windows, French doors,
granite kitchen with island, newer cabinetry, newer appliances to
include; stainless steel stove, microwave & dishwasher. Newer
plumbing & electrical, two master bedrooms with walk-in closets.
Newer water heater and recently installed A/C system, extensive
front and back landscaping, exterior paint and carport. Pool size
lot. This is a great opportunity for either new homeowners or
investors - move in ready. Furnishings negotiable.
Unit Size
1,042 Ft²
Days on Market
53 days
Land Size
0.11 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #216019402DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2016 | Sold | ||
| Sold | |||
| Jun 27, 2016 | Listed by HK Lane Real Estate | $199,000 | |
| Listed by HK Lane Real Estate | |||
| Dec 12, 2013 | Sold | ||
| Sold | |||
| Jul 26, 2013 | Listed by JBRE, Inc | $177,700 | |
| Listed by JBRE, Inc | |||
| | |||
|
Great Starter home like brand new! Quaint completely remolded 2 bedroom/2 bath bungalow. Almost everything is new and is permitted by the City of La Quinta. New Tile flooring, carpet, double pane windows, French doors, granite kitchen with island, new cabinetry, new appliances to include; stainless steel stove, microwave & dishwasher. New plumbing & electrical, two master bedrooms with walk-in closets. New water heater, new front landscaping, exterior paint and carport. Pool size lot. This is a great opportunity and move in ready.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Sandi Phillips, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216019402DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216019402DA
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