1
Map
$462,500
●
House -
Off Market
61120 Topaz Drive
La Quinta, CA 92253
3 Beds
3 Baths
1,641 Ft²
$648,456
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
This beautiful full stone front Maurea plan has a gated entry with
a detached casita that is just right when friends and family show
up for an overnight stay. They can also enjoy the sitting area just
outside its sliding doors. There is plenty of space afforded on
this 10,000 sq. ft. corner lot... you will get this ahhhhhh feeling
of openness. There are two bedrooms and two baths inside the main
house with the second bedroom acting as an office because it boasts
a murphy bed that turns into a desk. The detached casita has it own
wet bar and mini refrigerator. The owner made some structural
changes and upgrades that provide for more functionality in the
kitchen and openness to the great room. The wine cooler is
perfectly positioned for easy access. You have the choice of
using the kitchen breakfast bar for informal eating or the dining
area for more formal use. The kitchen is appointed with stainless
steel appliances and slab granite kitchen counters. Stepping out
onto the covered pavered patio you will want to start cooking on
the built in BBQ that also has a refrigerator and side burner. (see
'more')
Unit Size
1,641 Ft²
Days on Market
46 days
Land Size
0.24 acres
Price per sqft
$282
Property Type
House
Property Taxes
-
HOA Dues
$381
Year Built
2005
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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 #219043001DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2021 | Listed by Desert Sotheby's International Realty | $575,000 | |
| Listed by Desert Sotheby's International Realty | |||
| | |||
|
Sold before listing - input for comparable purposes only
| |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| May 15, 2020 | Listed by Keller Williams Realty | $462,500 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This beautiful full stone front Maurea plan has a gated entry with a detached casita that is just right when friends and family show up for an overnight stay. They can also enjoy the sitting area just outside its sliding doors. There is plenty of space afforded on this 10,000 sq. ft. corner lot... you will get this ahhhhhh feeling of openness. There are two bedrooms and two baths inside the main house with the second bedroom acting as an office because it boasts a murphy bed that turns into a desk. The detached casita has it own wet bar and mini refrigerator. The owner made some structural changes and upgrades that provide for more functionality in the kitchen and openness to the great room. The wine cooler is perfectly positioned for easy access. You have the choice of using the kitchen breakfast bar for informal eating or the dining area for more formal use. The kitchen is appointed with stainless steel appliances and slab granite kitchen counters. Stepping out onto the covered pavered patio you will want to start cooking on the built in BBQ that also has a refrigerator and side burner. (see 'more')
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
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Sold On
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HOA + Taxes
About Coral Mountain
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Listed by: John Sloan Real Estate Group..., Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219043001DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219043001DA
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