Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
$300,000
●
House -
Off Market
53875 Avenida Navarro
La Quinta, CA 92253
3 Beds
4 Baths
2,268 Ft²
$576,210
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
A huge price reduction of $15,000!! Talk about motivated sellers.
This is not a typical mid-century, it's a this century modern! You
have heard the saying, Do not judge a book by its cover right? Well
do not miss the opportunity to view this home in the La Quinta
Cove! You will be happy that you did! It will surprise you with the
quality, size and the location high in the La Quinta Cove. A
contemporary beauty. The minute you open the front gate you will
see all the work that has been done to completely remodel this
home. Note the quality of materials used from the floor coverings
to the appliances. A huge master suite with retracting glass wall
that opens to the pool and outside kitchen. All of the work was
started in 2005 and completed in 2006. The salt water pool was part
of the remodel. All water lines were newly installed and the
electrical was replaced with a 220 added in the laundry room. It
has the wow factor.
Unit Size
2,268 Ft²
Days on Market
105 days
Land Size
0.11 acres
Price per sqft
$137
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #214006943DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2014 | Sold | ||
| Sold | |||
| Feb 18, 2014 | Listed by Keller Williams Realty | $310,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
Listed On
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Team Michael Hilgenberg w/ Kel..., Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214006943DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214006943DA
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