Listed by: Diane Busch, Coldwell Banker Realty
$357,500
●
House -
Off Market
53860 Avenida Ramirez
La Quinta, CA 92253
5 Beds
5 Baths
1,779 Ft²
$640,631
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Enter the front gate, and discover your own private oasis in La
Quinta Cove! This 5 bedroom/5 bath home features a front-loaded
pool, large covered patio, and gorgeous mountain views. The double
door entry leads into the great room, with 18 inch tile floors,
built-in shelves and entertainment center, raised granite fireplace
and clearstory windows. The kitchen features slab granite
countertops, breakfast bar, gas stove, wine cooler and work desk.
The carpeted master suite has a walk-in closet with built-ins. The
2nd and 3rd bedrooms are both ensuites, with attached baths. The
detached casita has its own bath, and can be utilized as a 5th
bedroom, office or studio. Extras include ceiling fans throughout,
granite countertops, inside laundry room, 2 car attached garage and
exterior sun shade window coverings. Relax in the pool, and enjoy
al fresco dining on the covered patio. No HOA fees. Near Old Town
La Quinta, art shows, shopping, dining, theaters, golf, tennis, and
hiking.
Unit Size
1,779 Ft²
Days on Market
96 days
Land Size
0.11 acres
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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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: 2 years ago (CRMLS #216021882DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 6, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | In contract | - | |
| In contract | |||
| May 20, 2021 | Price Decreased |
$565,000
↓ $30K
(5%) | |
| Price Decreased | |||
| May 4, 2021 | Relisted | $595,000 | |
| Relisted | |||
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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: Diane Busch, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216021882DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216021882DA
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