1
Map
$550,000
●
House -
Off Market
53865 Avenida Velasco
La Quinta, CA 92253
3 Beds
2 Baths
1,529 Ft²
$557,537
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Located in the La Quinta Cove this 3 bedroom, 2 bath home is
slightly over 1,500 square feet. Opening the front gate to enter a
private enclosed front courtyard with stunning views. The living
room is large with open windows and French doors offering bright
natural lighting. The master bedroom also has french doors leading
out to the beautiful backyard with pool and spa. Living in
The Cove you are surrounded by numerous hiking and biking trails
and a short walk or bike/golf cart ride to Old Town La Quinta.
BY APPOINTMENT ONLY, 24 HOUR NOTICE. DO NOT KNOCK ON THE DOOR
WITHOUT APPOINTMENT. Tenants occupied until March 31st
Unit Size
1,529 Ft²
Days on Market
58 days
Land Size
0.11 acres
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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: 6 days ago (CRMLS #219074053DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by Hacienda Agency, Inc. | $975,000 | |
| Listed by Hacienda Agency, Inc. | |||
| | |||
|
Amazing New Construction Modern Home with all the Amenities and Custom Touches. This almost 1900 Sq Ft Beauty has 3 Bedrooms and 3 Baths. It has a Primary Ensuite and a Jr. Ensuite, a Rare find in Any Home. The Great Room is Large with a Custom Modern Kitchen, Breakfast Island, Dining Room and a Game Room with a Linear Fireplace. Flooring includes Concrete Custom Floors throughout, Ship-Lap Wood Ceilings and Venear Panels that completes this Very Chic look. Home includes Indoor Laundry with Sink, Dry Bar, Window Coverings and completely Furnished. The Exterior offers a Large Private Courtyard with Automated Gate, Stone Accents, Pool, Spa, Amazing Eastern Mountain Views and a Custom Built In BBQ. This home has $150K of Upgrades that most homes in LQ Cove Do Not have! Schedule your Private Showing Today,
| |||
| Apr 15, 2022 | Sold | ||
| Sold | |||
| Feb 16, 2022 | Listed by Compass | $550,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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Closing Price
Sold On
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Karen Ahaesy, Compass
Last Updated: 6 days ago
Data Source: CRMLS, MLS# 219074053DA
Last Updated: 6 days ago
Data Source: CRMLS, MLS# 219074053DA
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