$442,000
●
House -
Off Market
51995 Avenida Martinez
La Quinta, CA 92253
3 Beds
2 Baths
1,578 Ft²
$2,151
Est. Monthly
About This Property
YOU WON'T BELIEVE THE PRICE REDUCTION! WOW! Opportunity knocks! One
of the Lowest priced Pool Homes in the La Quinta Cove now with a
price adjustment! Features 3 bedrooms and 2 baths. Home is
centrally located to Old Town , Restaurants, Parks, and Schools.
Many Bike and Walking routes to enjoy!! Neighborhood Pool, Tennis,
Pickle Ball are all in close proximity. This is a Diamond in the
rough, blank canvas, ready for your personal touches to make this
your dream home!!!! Low Maintenance front and back yards. Corner
lot, mountain views and so much potential!
Unit Size
1,578 Ft²
Days on Market
61 days
Land Size
0.12 acres
Price per sqft
$278
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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: 8 months ago (CRMLS #219109948DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $437,900 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
YOU WON'T BELIEVE THE PRICE REDUCTION! WOW! Opportunity knocks! One of the Lowest priced Pool Homes in the La Quinta Cove now with a price adjustment! Features 3 bedrooms and 2 baths. Home is centrally located to Old Town , Restaurants, Parks, and Schools. Many Bike and Walking routes to enjoy!! Neighborhood Pool, Tennis, Pickle Ball are all in close proximity. This is a Diamond in the rough, blank canvas, ready for your personal touches to make this your dream home!!!! Low Maintenance front and back yards. Corner lot, mountain views and so much potential!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Grace Suarez, Berkshire Hathaway HomeServices California Properties
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219109948DA
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219109948DA
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