Listed by: Bruce Cathcart, La Quinta Palms Real Estate Co
$288,000
●
House -
Off Market
51685 Avenida Ramirez
La Quinta, CA 92253
3 Beds
2 Baths
1,479 Ft²
$454,598
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Wow! Here is the Santa Fe Style home in the La Quinta Cove that you
have been waiting for! New paint, new carpet, new stainless steel
kitchen appliances, new ceiling fans and more. This home has all
the right features, 3 bedrooms and 2 full bathrooms, a large
separate dining area with glass doors to the front patio/courtyard,
an eating bar and wine rack, a large master suite with a walk-in
closet and glass doors to the rear yard plus a private bathroom
with dual sinks, lots of cabinets and counter space in the kitchen
plus a pantry, a private front courtyard, tall ceilings throughout,
a raised hearth gas fireplace in the living room, extensive use of
Saltillo tile flooring, Santa Fe style tiled countertops and
bathroom sinks, a private rear yard with central patio, an attached
2 car garage with opener and more! This home has natural gas and is
connected to public sewer. Don't miss this great opportunity!
Unit Size
1,479 Ft²
Days on Market
28 days
Land Size
0.11 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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 #218015066DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2018 | Sold | ||
| Sold | |||
| May 17, 2018 | Listed by La Quinta Palms Real Estate Co | $299,900 | |
| Listed by La Quinta Palms Real Estate Co | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Bruce Cathcart, La Quinta Palms Real Estate Co
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218015066DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218015066DA
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