$640,000
●
House -
Off Market
61499 Topaz Drive
La Quinta, CA 92253
3 Beds
2 Baths
2,524 Ft²
$888,959
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Welcome to paradise! This home truly has it all starting with the
premium location on the 3rd hole with sweeping panoramic views!
This Talea plan boasts 9ft ceilings, custom crown molding and has
been tastefully upgraded with attention to detail in every room.
The formal entry leads you to the entertainer's gourmet kitchen
with 2 islands, gorgeous slab granite counters, upgraded
backsplash, ample cabinetry and walk in panty. The living area has
a custom entertainment center with surround sound system throughout
the interior and exterior of the home. The master retreat has
French doors with access to the backyard, a separate retreat area
ideal for a study/office area. Lavish master bathroom with
Travertine counters, dual sinks, upgraded shower enclosure and
separate soaking tub. The guest bedroom is en suite with
travertine counters. The den has recently been converted to a 3rd
bedroom. The backyard is a paradise with professionally installed
BBQ station, saltwater Pebble Tec pool/spa w/ cascading water
feature and new coping. Paver decking, misting system and
electric awning complete this outdoor retreat. Solar system for low
monthly electrical fees.
Unit Size
2,524 Ft²
Days on Market
115 days
Land Size
0.18 acres
Price per sqft
$257
Property Type
House
Property Taxes
-
HOA Dues
$381
Year Built
2006
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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 #219041955DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | Sold | ||
| Sold | |||
| Apr 18, 2020 | Listed by Gallery Marketing Group, Inc. | $649,000 | |
| Listed by Gallery Marketing Group, Inc. | |||
| | |||
|
Welcome to paradise! This home truly has it all starting with the premium location on the 3rd hole with sweeping panoramic views! This Talea plan boasts 9ft ceilings, custom crown molding and has been tastefully upgraded with attention to detail in every room. The formal entry leads you to the entertainer's gourmet kitchen with 2 islands, gorgeous slab granite counters, upgraded backsplash, ample cabinetry and walk in panty. The living area has a custom entertainment center with surround sound system throughout the interior and exterior of the home. The master retreat has French doors with access to the backyard, a separate retreat area ideal for a study/office area. Lavish master bathroom with Travertine counters, dual sinks, upgraded shower enclosure and separate soaking tub. The guest bedroom is en suite with travertine counters. The den has recently been converted to a 3rd bedroom. The backyard is a paradise with professionally installed BBQ station, saltwater Pebble Tec pool/spa w/ cascading water feature and new coping. Paver decking, misting system and electric awning complete this outdoor retreat. Solar system for low monthly electrical fees.
| |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Mar 10, 2020 | Price Decreased |
$649,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Show 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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Coral Mountain
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Listed by: Georgia Tack, Gallery Marketing Group, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219041955DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219041955DA
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