Listed by: John Anselmo, HomeSmart
$310,000
●
House -
Off Market
54385 Avenida Ramirez
La Quinta, CA 92253
3 Beds
2 Baths
1,700 Ft²
$555,234
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
High in La Quinta Cove, this charming Santa Fe home has many
outstanding upgrades. It has tile flooring throughout, the kitchen
features a cooktop gas stove, a wall oven and microwave. The home
has large walk-in closets, the master bathroom has a jacuzzi tub.
The laundry room leads out to the two car garage. The living room
includes a Kiva gas fireplace and wooden french doors. There is
also a pre-wired security system throughout the home. The walled
front yard has a pool and spa over looking panoramic mountain
views. The desert landscaping allows for very easy maintenance.
This property is close to extensive shopping areas, restaurants and
a new movie theater on Washington. This is a great location and
just blocks from the 114 acre Cove Oasis Park and its many hiking
trails, the 5 mile Bear Creek neighborhood walking path and the
Fred Wolf Nature Preserve. Al this and no HOA fees.
Unit Size
1,700 Ft²
Days on Market
150 days
Land Size
0.11 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
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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: 3 years ago (CRMLS #215030786DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2016 | Sold | ||
| Sold | |||
| Oct 19, 2015 | Listed by HomeSmart | $319,000 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Garage
With View
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
Beds
Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: John Anselmo, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215030786DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215030786DA
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