Listed by: Bruce Cathcart, La Quinta Palms Real Estate Co
$435,000
●
House -
Off Market
52795 Avenida Herrera
La Quinta, CA 92253
4 Beds
2 Baths
1,430 Ft²
$474,780
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Wow! This is the newer (2002) FOUR BEDROOM La Quinta Cove
home you have been looking for! Desirable floor plan with
1,430 square feet and vaulted ceilings throughout, tile flooring
throughout (except bedrooms), a large open living room with a
raised hearth fireplace (propane), and a separate dining area just
off the kitchen with a sliding glass door to the rear yard.
The kitchen has oak wood cabinets, tile counter tops,
dishwasher, propane gas range, fan hood and disposal with a window
above the sink looking into the rear yard. The primary suite
has a pot shelf, full length wardrobe closet, a sliding glass door
to the side yard and a private bathroom with dual sinks, tile
countertops and a tub/shower combo. Other features include
ceiling fans in every room, a tile roof, a large indoor laundry
room with direct access to the two-car attached, finished garage
with automatic door opener, rear yard completely surrounded by a
block wall, low maintenance landscaping, Low IID electric rates and
connected to public sewer! Don't miss this great opportunity!
Unit Size
1,430 Ft²
Days on Market
163 days
Land Size
0.11 acres
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
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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 #219080241DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by La Quinta Palms Real Estate Co | $449,900 | |
| Listed by La Quinta Palms Real Estate Co | |||
Property Highlights
Air Conditioning
Garage
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
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Listed On
Listed On
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Sold On
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Bruce Cathcart, La Quinta Palms Real Estate Co
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080241DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080241DA
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