$3,650,000
●
House -
Off Market
52845 Latrobe Lane
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,941 Ft²
$4,291,144
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Outdoor living paradise and sunny resort style pool area!
Stunning golf and mountain views on the 14th fairway of
Tradition Golf Club. Homeowner purchased extra land from the club
to extend and renovate their outdoor living space, creating a huge
pool and deck area. Dramatic open living room with pocketing
sliders and spacious fireplace and tv area. Accordion doors open
the kitchen and breakfast area to the outdoors and fresh air.
Generous kitchen with all you need, gourmet appliances, large
pantry plus a large island for extra countertop space. Entertaining
is a breeze with gorgeous formal dining room, extra-large wine room
and spacious Den with billiard table and bar. Master Suite has it
all with dual vanities, walk in shower, tub and his and her closets
and water closets. A handsome Office with built in bookcases and
vaulted beamed ceiling is located just off the Master Suite. 4
bedrooms including the three large guest suites and a cozy casita
in the charming courtyard. Offered furnished per Inventory.
Unit Size
4,941 Ft²
Days on Market
97 days
Land Size
0.41 acres
Price per sqft
$788
Property Type
House
Property Taxes
-
HOA Dues
$500
Year Built
2006
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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 #219067049DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Tradition Properties | $3,895,000 | |
| Listed by Tradition Properties | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bill Albers, Tradition Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219067049DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219067049DA
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