Listed by: Kathleen Olson, Bennion Deville Homes
$370,000
●
House -
Off Market
53840 Avenida Herrera
La Quinta, CA 92253
3 Beds
2 Baths
1,601 Ft²
$575,531
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Private desert oasis awaits you with beautiful mountain views.
Enter the walled in courtyard and relax around the fire pit and
enjoy the sunsets. Open living room, fireplace, high ceilings flow
into the dining area and kitchen. Kitchen has breakfast bar and eat
in area which all open to the very private pool area. The pool has
plenty of room for family and friends to enjoy and take in the
mountain views. Fruit trees and gazebo area add to this quiet
yard.The Master Suite has a large walk in closet plus a two way
fireplace to the master bath. Dual vanities, shower, tub, access to
the pool are amenities to this master retreat. Two quest rooms and
second full bath are ideal for families. Two car garage,
Unit Size
1,601 Ft²
Days on Market
46 days
Land Size
0.11 acres
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #219034031DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2020 | Sold | ||
| Sold | |||
| Nov 15, 2019 | Listed by Bennion Deville Homes | $395,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Kathleen Olson, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219034031DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219034031DA
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