$318,000
●
House -
Off Market
54140 Avenida Rubio
La Quinta, CA 92253
3 Beds
2 Baths
1,360 Ft²
$462,263
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Amazing opportunity to own a pool home in the La Quinta Cove! This
property offers 3 bedrooms and 2 bathrooms and a spacious, open
floor plan. The large kitchen has lots of storage and counter
space. The kitchen opens to the living room with a statement
fireplace and access to the backyard. The Owner's suite has an en
suite bathroom and two large closets with a sliding door out to the
sparkling pool and spa. Across the living room there are 2 more
spacious bedrooms and a full hall bathroom. Majestic mountain views
from the front and rear of the home and this is a rare opportunity
to own a La Quinta Cove home with a pool in the backyard. This home
is located near the top of The Cove in close proximity to hiking
trails. All electric means lower utility bills. No HOA and low
taxes. This one will not last!
Unit Size
1,360 Ft²
Days on Market
40 days
Land Size
0.11 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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: 4 months ago (CRMLS #219017527DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by Keller Williams Realty | $315,000 | |
| Listed by Keller Williams Realty | |||
| Oct 1, 2014 | Sold | ||
| Sold | |||
| Jul 15, 2014 | Listed by Bennion Deville Homes | $235,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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You will feel right at home in this fabulous property located high up in the La Quinta Cove! This 3 bedroom/2 bath home features a spacious kitchen, open to the living room where the fireplace serves as a centerpiece for those cool desert nights. Ceramic tile flooring enhances the main living areas and you'll enjoy ceiling fans and newer carpet in each of the three nicely separated bedrooms. Your cars will be sheltered from the sun in the 2 car attached garage, while you find refuge from the heat in the sparkling pool and spa in the back yard. The property has been beautifully maintained by the original owners. Call to schedule your private showing today!
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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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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Serena Leiterman, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219017527DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219017527DA
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