Listed by: Joey Arsanto, Windermere Homes & Estates
$549,000
●
House -
Off Market
53950 Avenida Villa
La Quinta, CA 92253
3 Beds
2 Baths
1,520 Ft²
$582,421
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Remodeled 3 bed 2 bath 1520 sqft house located at top of the cove.
Enjoy mountain views and short walk to hiking trails.
Unit Size
1,520 Ft²
Days on Market
51 days
Land Size
0.12 acres
Price per sqft
$368
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #219082927DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by Windermere Homes & Estates | $559,999 | |
| Listed by Windermere Homes & Estates | |||
| May 26, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by Socal Living Properties | $415,000 | |
| Listed by Socal Living Properties | |||
| | |||
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Calling all first time home buyers and investors! This home is perfect for either buyer! Nestled high up in the cove and sitting in the best school district in the Valley, this home will be a great rental for an investor and a fabulous home to raise a family in. It's in need of some cosmetic repairs and it's price gives plenty of room for any buyer to come in and tailor the upgrades to their liking.TENANTS ARE MOVING OUT. PROPERTY WILL BE AVAILABLE TO SHOW AFTER WEDNESDAY 5/11/2022Home is a cosmetic fixer and is being sold as is. Seller will make no repairs.More Photos to come!
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Property Highlights
Garage
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: Joey Arsanto, Windermere Homes & Estates
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219082927DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219082927DA
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