Listed by: Brad Schmett, Keller Williams Luxury Homes
$235,000
●
House -
Off Market
51620 Avenida Madero
La Quinta, CA 92253
2 Beds
2 Baths
1,260 Ft²
$413,406
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model
About This Property
BEST VALUE in La Quinta Cove! Spectacular Mountain Views! This
uniquely designed and located La Quinta pool home offers 2 BD/2 BA
plus bonus room w/ panoramic mountain views, right outside your
door! Enter the enclosed courtyard w/ sparkling pool, then step
into the great room that offers plenty of natural light, a gas
fireplace, spacious kitchen w/ gas range, built-in microwave,
breakfast bar & dining area, all enhanced w/ an abundance of
windows showcasing the amazing views. Master bedroom features
French doors that open to the pool & views, en suite bathroom &
walk-in closet. Guest bedroom & guest bathroom are convenient &
comfortable. Bonus room can be used as office, media room or
storage. Spacious 2-car garage, newer A/C unit, fresh paint &
custom ceiling fans makes this home incredibly appealing.
Conveniently located for an easy walk to popular La Quinta Old Town
for shopping, dining and entertainment or enjoy one of the numerous
nearby hiking trails.
Unit Size
1,260 Ft²
Days on Market
13 days
Land Size
0.18 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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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 #216002571DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2016 | Sold | ||
| Sold | |||
| Jan 23, 2016 | Listed by Keller Williams Luxury Homes | $235,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Garage
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: Brad Schmett, Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216002571DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216002571DA
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