$420,000
●
House -
Off Market
52685 Avenida Velasco
La Quinta, CA 92253
3 Beds
2 Baths
1,596 Ft²
$510,840
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
This move-in ready home in the highly sought after La Quinta Cove
features beautiful mountain views! The living area features a
wet bar that is perfect for entertaining! A fireplace, newly
tiled restrooms, updated flooring in the living room and bedrooms,
a brand new central A/C and furnace, as well as a new water heater
make this home worth checking out! All rooms feature ceiling
fans. Large master bedroom features a walk in closet and
slider to the backyard. Large finished garage. The backyard
features a covered patio and grass landscaping. New
refrigerator and washer/dryer included. Perfect for the first
time home buyer or investor! Plenty of room to add a pool in
the front. No HOA or Mello Roos!
Unit Size
1,596 Ft²
Days on Market
77 days
Land Size
0.11 acres
Price per sqft
$282
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #219064651DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Jul 7, 2021 | Listed by Keller Williams Luxury Homes | $450,000 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
This move-in ready home in the highly sought after La Quinta Cove features beautiful mountain views! The living area features a wet bar that is perfect for entertaining! A fireplace, newly tiled restrooms, updated flooring in the living room and bedrooms, a brand new central A/C and furnace, as well as a new water heater make this home worth checking out! All rooms feature ceiling fans. Large master bedroom features a walk in closet and slider to the backyard. Large finished garage. The backyard features a covered patio and grass landscaping. New refrigerator and washer/dryer included. Perfect for the first time home buyer or investor! Plenty of room to add a pool in the front. No HOA or Mello Roos!
| |||
| May 15, 2015 | Sold | ||
| Sold | |||
| Feb 13, 2015 | Listed by The Duncan Group | $214,900 | |
| Listed by The Duncan Group | |||
| | |||
|
Great move up home in the Cove of La Quinta, 1596 square feet, 3 bedrooms, 2 baths, New paint and carpet. You will not want to pass this on up. Fantastic deal
| |||
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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Currently no similar homes aroundNearby Rentals
Listed by: James Suer, Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219064651DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219064651DA
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