Listed by: Candice Johnston, Rosenthal & Associates
$165,500
●
House -
Off Market
51865 Avenida Rubio
La Quinta, CA 92253
3 Beds
2 Baths
1,415 Ft²
$295,656
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model
About This Property
La Quinta Cove home with walled front courtyard. Spacious living
room with high ceilings - Kitchen open to backyard with patio.
Direct access from double garage to home. Just needs some cosmetic
improvements to be a beautiful home with lots of privacy. Close to
Old Town, dinning, shopping and the Bear Creek walking trails.
Unit Size
1,415 Ft²
Days on Market
24 days
Land Size
0.11 acres
Price per sqft
$108
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #214004640DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2023 | No longer available | - | |
| No longer available | |||
| May 19, 2023 | Listed by Desert Sands Realty | $519,900 | |
| Listed by Desert Sands Realty | |||
| | |||
|
Newly upgraded home, located in the La Quinta Cove, This 3 bedroom 2 bath home features a newly remodeled modern kitchen, new pool, new remodeled primary bathroom with dual vanity sink and custom shower, enclosed front patio, Gorgeous Mountain View Enjoy endless hiking trails, outdoor life style, bike rides, and Old town La Quinta with Great restaurants and shopping. Very low IID electrical rates. The manager has listed the unit size as 1415 square feet.
| |||
| May 17, 2023 | No longer available | - | |
| No longer available | |||
| May 10, 2023 | Price Decreased |
$519,900
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Mar 25, 2023 | Price Decreased |
$549,900
↓ $20K
(3.5%) | |
| Price Decreased | |||
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Property Highlights
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Fireplace
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santa Carmelita at Vale La Quinta
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Listed by: Candice Johnston, Rosenthal & Associates
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214004640DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214004640DA
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