$235,000
●
House -
Off Market
53640 Avenida Martinez
La Quinta, CA 92253
4 Beds
3 Baths
2,100 Ft²
$456,668
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model
About This Property
This property had an accepted offer. For comparables only.
Unit Size
2,100 Ft²
Days on Market
10 days
Land Size
0.23 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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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 #214000466DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2021 | No longer available | - | |
| No longer available | |||
| Aug 5, 2021 | Listed by HomeSmart Professionals | $620,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
One of a kind La Quinta Cove Mini Estate Property on double lot situated high up in the cove.. The main house has 3 bedrooms and 2 baths and guest house has a full kitchen and separate bedroom. A beautiful c Pool and Jacuzzi for both to share. Surrounded by the most beautiful mountain views. This home has incredible rental history. Great possibilities! Live in the main house and rent the guest house out, or move Mum in, or have the entire estate to yourself. The manager has listed the unit size as 2100 square feet.
| |||
| Jan 17, 2014 | Sold | ||
| Sold | |||
| Jan 3, 2014 | Listed by HK Lane Real Estate | $235,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
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This property had an accepted offer. For comparables only.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Kim Kelly, HK Lane Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 214000466DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 214000466DA
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