$469,000
●
House -
Off Market
53700 Avenida Herrera
La Quinta, CA 92253
4 Beds
3 Baths
1,870 Ft²
$655,231
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Contemporary elegance meets Spanish-style flare in this RARE 4 BR /
3 BA / 3 car garage beauty that rests on TWO LOTS (fee land / you
own it) all under the gaze of a majestic mountain view. The
property is fully enclosed by privacy stucco wall and wooden entry
gate. Upon entry you are greeted by the home's formal entry
and sparkling Pebble Tec pool and spa! It is a layout that only
comes from building on a double, CORNER lot. The home has an
open great room with high ceilings, a fireplace, built in bar, and
sliding glass doors to the pool. The kitchen has plenty of
space to cook and entertain with white tile counters and lots of
cabinets. Both a formal dining area and a sunny breakfast
area are available. The master suite is grand - huge walk-in
closet, dual vanities, and a private tub over shower. There
are two other BIG BEDROOMS plus an ensuite 4th bedroom - currently
used as an office - that has direct access to another outside
private, patio space. The La Quinta Cove has no HOA and has a
history of welcoming short term rentals, too! OFFER REVIEW DEADLINE
- TUES, FEB 18, 2020 AT 12 NOON
Unit Size
1,870 Ft²
Days on Market
29 days
Land Size
0.24 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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 #219038962DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
| Mar 13, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed | $458,200 | |
| Listed | |||
| | |||
|
Contemporary elegance meets Spanish-style flare in this RARE 4 BR / 3 BA / 3 car garage beauty that rests on TWO LOTS (fee land / you own it) all under the gaze of a majestic mountain view. The property is fully enclosed by privacy stucco wall and wooden entry gate. Upon entry you are greeted by the home's formal entry and sparkling Pebble Tec pool and spa! It is a layout that only comes from building on a double, CORNER lot. The home has an open great room with high ceilings, a fireplace, built in bar, and sliding glass doors to the pool. The kitchen has plenty of space to cook and entertain with white tile counters and lots of cabinets. Both a formal dining area and a sunny breakfast area are available. The master suite is grand - huge walk-in closet, dual vanities, and a private tub over shower. There are two other BIG BEDROOMS plus an ensuite 4th bedroom - currently used as an office - that has direct access to another outside private, patio space. The La Quinta Cove has no HOA and has a history of welcoming short term rentals, too! OFFER REVIEW DEADLINE - TUES, FEB 18, 2020 AT 12 NOON The manager has listed the unit size as 1870 square feet.
| |||
| Feb 13, 2020 | Listed by Redfin Corporation | $458,200 | |
| Listed by Redfin Corporation | |||
| | |||
|
Contemporary elegance meets Spanish-style flare in this RARE 4 BR / 3 BA / 3 car garage beauty that rests on TWO LOTS (fee land / you own it) all under the gaze of a majestic mountain view. The property is fully enclosed by privacy stucco wall and wooden entry gate. Upon entry you are greeted by the home's formal entry and sparkling Pebble Tec pool and spa! It is a layout that only comes from building on a double, CORNER lot. The home has an open great room with high ceilings, a fireplace, built in bar, and sliding glass doors to the pool. The kitchen has plenty of space to cook and entertain with white tile counters and lots of cabinets. Both a formal dining area and a sunny breakfast area are available. The master suite is grand - huge walk-in closet, dual vanities, and a private tub over shower. There are two other BIG BEDROOMS plus an ensuite 4th bedroom - currently used as an office - that has direct access to another outside private, patio space. The La Quinta Cove has no HOA and has a history of welcoming short term rentals, too! OFFER REVIEW DEADLINE - TUES, FEB 18, 2020 AT 12 NOON
| |||
| Apr 30, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Conrado Delagarza, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219038962DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219038962DA
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