$440,000
●
House -
Off Market
53701 W Sienna Circle
Coachella, CA 92236
3 Beds
2 Baths
1,764 Ft²
$448,226
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Charming 3 bedroom, 2 bathroom home in the Somerset development
located in Coachella offering just under 1,800 SF! This home has
been freshly painted and features a formal living room, dining
room, and bonus room off the kitchen. The primary bedroom has nice
separation from the guest bedrooms and the primary bathroom offers
separate shower and tub, with dual vanity sinks. Somerset community
does not have a monthly HOA but does have CC&R's. It is located
near Augustine casino and is in the IID electric district for lower
utilities. This home requires a 30 day minimum stay for short-term
rentals but could not only be a great full or part time residence,
but also income property. The rear yard is nice sized and awaits
your imagination!
Unit Size
1,764 Ft²
Days on Market
84 days
Land Size
0.16 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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: 8 months ago (CRMLS #219097824DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Jul 24, 2023 | Listed by Windermere Real Estate | $449,900 | |
| Listed by Windermere Real Estate | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Sold On
HOA + Taxes
About Coachella
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jolie Leydekkers, Windermere Real Estate
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219097824DA
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219097824DA
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