Listed by: Essig & Associates, Vine Property Group, Inc.
$360,000
●
House -
Off Market
53795 Avenida Velasco
La Quinta, CA 92253
3 Beds
2 Baths
1,836 Ft²
$672,669
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
Charming Santa Fe pool home with private gated courtyard and
mountain VIEW is a GEM in La Quinta Cove. Designed for
entertaining, this is the open floor plan everyone wants. Simply
open the French doors off the kitchen dining area to the courtyard
pool with mountain view and open the French doors off the great
room to backyard covered patio dining area and your friends and
family will naturally mingle freely between both outdoor living
spaces, through the kitchen and great room. Granite kitchen with
stainless appliances, island and breakfast bar opens to the great
room with fireplace. All main living space is tiled, and bedrooms
are carpeted. The master bedroom has walk in closet, French doors
to back patio, and master bath with dual vanities and huge walk in
shower. Bedrooms 2 and 3 both have walk in closets, and share the
hall bath, with tub over shower configuration. You'll love access
to all of La Quinta's hiking and biking trails, close proximity to
Old Town La Quinta, and NO HOA!
Unit Size
1,836 Ft²
Days on Market
154 days
Land Size
0.11 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 #215008626DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2015 | Sold | ||
| Sold | |||
| Mar 13, 2015 | Listed by Vine Property Group, Inc. | $379,000 | |
| Listed by Vine Property Group, Inc. | |||
Property Highlights
Garage
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: Essig & Associates, Vine Property Group, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215008626DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215008626DA
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