$422,000
●
House -
Off Market
53845 Avenida Cortez
La Quinta, CA 92253
3 Beds
2 Baths
1,713 Ft²
$658,908
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
High in the Cove. 3 bedroom 2 bath, Southwest Private Gated Retreat
with Fabulous Panoramic Mountain Views! Two Paved Patios, one
overlooking Private Pool and Mountains. Saulitto Tiles Throughout
Recently updates kitchen and bathrooms with granite counter tops.
Open floorplan with wood burning fireplace and beamed ceilings in
Living Room and master. Garden kitchen window, and cozy kitchen
dine-In nook overlooking private patio. Lots of cupboards and
storage area.
Unit Size
1,713 Ft²
Days on Market
35 days
Land Size
0.11 acres
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993
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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: 5 months ago (CRMLS #219017331DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2024 | Listed | $899,000 | |
| Listed | |||
| | |||
|
This charming three-bedroom, two-bathroom home in the desirable La Quinta Cove offers a unique and stylish living experience. Wonderfully decorated with a blend of modern and artistic touches, this home boasts energy-efficient new windows that fill the space with natural light while keeping utility costs low. The property is perfectly situated close to hiking and biking trails, making it an outdoor enthusiast's dream. Step outside into the tranquil yard and courtyard, ideal for relaxing or entertaining guests. Whether you're enjoying morning coffee in the peaceful courtyard or hosting gatherings in the charming outdoor entertaining space, this home offers the perfect blend of indoor and outdoor living. With its unique character and ideal location, this property is a true gem in La Quinta Cove. Call for a private showing today.
| |||
| May 20, 2022 | Sold | ||
| Sold | |||
| Mar 25, 2022 | Listed by Reason Real Estate | $850,000 | |
| Listed by Reason Real Estate | |||
| | |||
|
Avenida Cortez is a true Spanish style gem in the desert. This Turnkey Furnished property features a tasteful design, elegant style and the warmth of home. A lush private courtyard leads you to custom double entry doors. As you enter the home you are greeted by vaulted ceilings and wood beams. Oversized glass doors take you too a well designed backyard retreat. The yard features a pool, spa, mountain views, BBQ, & seating areas. Indoor outdoor living is created when multiple glass doors open to the yard. Back to the interior you will find Quartz countertops, unique tile & upgraded bathrooms. The breakfast nook off the kitchen is not to be missed, coffee in the morning with friends and family is sure to make for great memories. This home has a very private and tranquil feel with hiking trails just a few doors away. I could go on and on but the only true way to appreciate this property is to marvel at what it has to offer in person. Call Dakota and schedule a private showing today!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2020 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santa Carmelita at Vale La Quinta
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Listed by: Kasey Lund, Windermere Real Estate Desert Living
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219017331DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219017331DA
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