Listed by: David Emerson, Coldwell Banker Realty
$550,000
●
House -
Off Market
51815 Avenida Morales
La Quinta, CA 92253
3 Beds
2 Baths
1,286 Ft²
$578,183
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Major Price Reduction. Exquisitely Designed Contemporary Home
Located At The Base Of The La Quinta Cove. This gorgeous
renovation features the ideal location for hiking the cove,
strolling or golf carting into La Quinta Village to meet friends
for shopping and lunch in one of the many restaurants and cafes.
The living space is completely open & offers great space plus
abundant natural lighting & mountain views out of numerous windows.
The designer kitchen has a center island & all new appliances
and opens to the living room. Luxurious touches and style through
out the home. The master suite has a gorgeous master bathroom
with separate tub and shower. Two additional bedrooms and one
guest bathroom. Call me today to see this incredible home!
This is one of THE BEST DESIGNS & locations in the La Quinta
Cove.
Unit Size
1,286 Ft²
Days on Market
112 days
Land Size
0.12 acres
Price per sqft
$424
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #219083124PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Coldwell Banker Realty | $545,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: David Emerson, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219083124PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219083124PS
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