Listed by: Lance Frank, Tarbell REALTORS
$255,000
●
House -
Off Market
77177 Avenida Montezuma
La Quinta, CA 92253
3 Beds
2 Baths
1,065 Ft²
$424,708
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model
About This Property
A very rare and unique piece of La Quinta history with a priceless
panoramic mountain view on one of the most scenic streets in The
Cove. The hiking trail to the top is right across the street. Old
Town shopping and restaurants are within walking distance too.
These rarely available vintage homes have been described as
Romantic and charming, very desirable, their curb appeal inviting
and mysterious. Owners are captivated by their casitas which exude
the same charming, modest, unpretentious, timeless style of the
30's and 40's. The current owner calls it his Jewel in the Gem of
The Desert. Connected to SoCal Gas with modern central air/heat.
Seller says the deep blue pool was recently resurfaced and the
electrical box upgraded. Septic tank was recently certified. Bed &
Bath count is from public records. There is 1 full and 1 partial
bath. Buyer to verify all information and determine suitability of
property for any purpose. Property sold as is. Seller will make no
repairs.
Unit Size
1,065 Ft²
Days on Market
169 days
Land Size
0.15 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1936
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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: 2 years ago (CRMLS #216025590DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2016 | Listed by Tarbell REALTORS | $255,000 | |
| Listed by Tarbell REALTORS | |||
Property Highlights
Air Conditioning
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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ft²
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Listed On
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Lance Frank, Tarbell REALTORS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216025590DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216025590DA
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