1
Map
$305,000
●
House -
Off Market
53363 Avenida Velasco
La Quinta, CA 92253
3 Beds
2 Baths
1,439 Ft²
$398,780
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
INVESTORS LOOK NO MORE!!! Great opportunity for investors. This 3
bedrooms/2 bath with a pool needs TLC. Property has great mountain
views up in LA Quinta Cove. Property is being sold as is. Seller
will do no repairs. Please, only serious buyers. Cash or
conventional only. Thank you for showing.
Unit Size
1,439 Ft²
Days on Market
19 days
Land Size
0.11 acres
Price per sqft
$205
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 4 months ago (CRMLS #219048632DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2021 | Sold | ||
| Sold | |||
| Jul 21, 2021 | Listed by Windermere Homes & Estates | $619,999 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
Remodel pool home in the La Quinta Cove!!! Property features 3 bedrooms, 2 bathrooms, revamped low maintenance back yard and private pool. Enjoy walking distance to hiking and parks and low cost power being in the I.I.D. district.
| |||
| Sep 17, 2020 | Sold | ||
| Sold | |||
| Aug 28, 2020 | Listed by HomeSmart | $295,000 | |
| Listed by HomeSmart | |||
| | |||
|
INVESTORS LOOK NO MORE!!! Great opportunity for investors. This 3 bedrooms/2 bath with a pool needs TLC. Property has great mountain views up in LA Quinta Cove. Property is being sold as is. Seller will do no repairs. Please, only serious buyers. Cash or conventional only. Thank you for showing.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Closing Price
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Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Rosa Maria Rodriguez, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219048632DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219048632DA
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