$3,900,000
●
House -
Off Market
52840 Latrobe Lane
La Quinta, CA 92253
5 Beds
5 Baths
4,581 Ft²
$20,146
Est. Monthly
$750
HOA / Fees
1.53%
Cap Rate
About This Property
Light & bright ! Lakeside tranquility with dramatic southwest
mountain & water views. Featuring 5 bedrooms, 5 baths, Office &
open floor plan, this Kristi Hanson and Duende Designs masterpiece
is filled with light, high ceilings & graceful arches. Motorized
sliding pocket doors invite you to live outdoors & enjoy. Remodeled
in 2011 with Travertine flooring throughout, icynene insulation,
several new AC units, & designer lighting fixtures. Huge Great Room
with soaring beam ceilings flows easily to wet bar and a gourmet
Kitchen with beautiful cabinets & center island. Comfortable
Breakfast room opens onto outdoor living. Private Dining Room
currently configured as an Office. Spacious Master Bedroom Suite
with fireplace & lovely master bath. An entertainers dream with
shady covered loggia, sun filled sparkling pool, spa with stone
spillway, and built in BBQ area. Beautiful courtyard and new
irrigation with water wise planting. 3 car garage incl. golf cart.
Offered partially furnished.
Unit Size
4,581 Ft²
Days on Market
130 days
Land Size
0.31 acres
Price per sqft
$862
Property Type
House
Property Taxes
-
HOA Dues
$750
Year Built
2005
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Cap Rate Calculator
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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 #219120367DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Relisted | $3,950,000 | |
| Relisted | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Tradition Properties | $3,950,000 | |
| Listed by Tradition Properties | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About La Quinta
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Listed by: Bill Albers, Tradition Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219120367DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219120367DA
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