Listed by: Lisa Molinar, Compass
$640,000
●
House -
Off Market
51845 Avenida Vallejo
La Quinta, CA 92253
3 Beds
3 Baths
1,871 Ft²
$715,276
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Spectacular new construction contemporary home with 3 bed, 3 bath,
almost 1900 interior square feet, open floor plan, featuring a
private courtyard with a front loaded heated pebble tech pool and
spa. The home features tile flooring throughout, high ceilings,
ceiling fans and unique lighting. The sizable kitchen highlights a
kitchen bar, quartz countertops, modern appliances and cabinets,
and an abundance of windows throughout allowing natural light to
spill in. Retreat in your immense master bedroom. Enjoy your full
size jetted tub in your master bathroom, double vanities and large
walk-in closet. What a space. Each bedroom has a walk-in closet.
You're never at risk of running low on activities in La Quinta,
California. Festivals, sports, nature, history, dining and
shopping--carve your own path. Minutes to Old Town La Quinta, a
short drive to El Paseo & Palm Springs. Enjoy the year round
sunshine, fresh air, and stunning landscape views. Home is under
construction.
Unit Size
1,871 Ft²
Days on Market
157 days
Land Size
0.11 acres
Price per sqft
$334
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019
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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 #219058915PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2021 | Sold | ||
| Sold | |||
| Mar 16, 2021 | Listed by Compass | $625,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Lisa Molinar, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058915PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058915PS
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