Listed by: Robin Smith, HomeSmart
$295,000
●
House -
Off Market
53401 Avenida Ramirez
La Quinta, CA 92253
2 Beds
2 Baths
1,170 Ft²
$343,748
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
A Cove home that's cute as a button and ready for your personal
touches! This 2BR/2BA home with a one car garage could be the
perfect starter home, retirement getaway or a lucrative income
property. The spacious living room is over 17' X 20' and features a
high peaked ceiling. Main living areas and both bedrooms feature
genuine wood flooring, with ceramic tile in the kitchen and guest
bath. Recent paint adorns interior and exterior walls, and the roof
was replaced approximately 3 years ago. A new 4-ton HVAC was
installed in 2017, and the electric range is new as well as the
garbage disposer. The bedrooms are very generously sized at 14+' X
12.5' in the master and 14' X 16' in the guest! The master bath
also has a brand-new shower/tub! With the gorgeous mountain views
from the front yard, you'll want to make this special home your
own.
Unit Size
1,170 Ft²
Days on Market
27 days
Land Size
0.11 acres
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #219060123DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 4, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by HomeSmart | $289,000 | |
| Listed by HomeSmart | |||
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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Type
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ft²
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Closing Price
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Robin Smith, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060123DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060123DA
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