Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$285,000
●
House -
Off Market
53615 Avenida Martinez
La Quinta, CA 92253
3 Beds
2 Baths
1,400 Ft²
$453,908
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Welcome home to this adorable, affordable home located in the
desirable, East of Eisenhower area of the La Quinta Cove. Just
minutes away from Old Town La Quinta, this home was remodeled the
end of May, 2018. Featuring new stainless appliances, cabinets,
quartz countertops, carpet, and furnishings, this home is ready for
you, your friends and family to start enjoying. Light and bright,
the kitchen opens up to the living room, dining area, and the
finished patio with its Western views of the mountains. Close to
world-class golf, tennis, hiking, biking, shopping, dining and
entertainment, this home is great as a primary residence,
investment property or vacation home. No HOA's!
Unit Size
1,400 Ft²
Days on Market
59 days
Land Size
0.11 acres
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #218014452DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 24, 2018 | Sold | ||
| Sold | |||
| May 26, 2018 | Listed by Keller Williams Luxury Homes | $300,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santa Carmelita at Vale La Quinta
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218014452DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218014452DA
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