Listed by: Mark Wasserman, Berkshire Hathaway HomeServices California Properties
$515,000
●
House -
Off Market
53345 Avenida Obregon
La Quinta, CA 92253
3 Beds
2 Baths
1,449 Ft²
$588,773
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
This is a beautiful 3 bedroom, 2 bathroom home located in the La
Quinta Cove in La Quinta, California. This Santa Fe home has all
the charm you're looking for. From the moment you enter the gated
courtyard you'll feel like you're on vacation. The living room is
open and bright with high ceilings and a great view of the
sparkling pool in the backyard. The kitchen has custom cabinets and
granite counter tops and is great for entertaining guests. The home
is located very close to Old Town La Quinta and within driving
distance to the Empire Polo Club, home to the Coachella Valley
Music and Arts Festival, and the Stagecoach Festival; and also a
short drive away from the Indian Wells Tennis Garden, home to the
BNP Paribas Open. Welcome home!
Unit Size
1,449 Ft²
Days on Market
39 days
Land Size
0.11 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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 #219060375DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2021 | Sold | ||
| Sold | |||
| Apr 11, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $495,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Mark Wasserman, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060375DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060375DA
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