Listed by: Jessica Bailey, Realty Executives Desert Lifestyles
$269,000
●
House -
Off Market
77545 Calle Madrid
La Quinta, CA 92253
3 Beds
2 Baths
1,489 Ft²
$483,454
RealtyHop Estimate
77.41%
Since Dec 1, 2015
National-US
Primary Model
About This Property
A super deal on a clean and charming home! Bring us an offer!
Remodeled charming Santa Fe pool home in the upper cove! This home
has just completed a kitchen and bath remodel. All new stainless
steel appliances, new custom tile work, New granite counter tops,
cabinets features and paint throughout. If you are looking for an
up to date home in an excellent cove location, look no further!
With high ceilings, saltillo tile floors and ceiling fans
throughout this home lends itself to a comfortable desert
lifestyle. The home has a gorgeous bougainvillea covered trellis in
the entry way as well as private enclosed patio off one of the
bedrooms that is bougainvillea covered providing ample shade and
privacy. Mature landscaping, producing citrus trees and a
tastefully painted exterior make this home easy on the eye. The
front yard is enclosed and the backyard is complete with a long lap
pool and covered porch.
Unit Size
1,489 Ft²
Days on Market
181 days
Land Size
0.11 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #215016250DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2015 | Sold | ||
| Sold | |||
| May 22, 2015 | Listed by Realty Executives Desert Lifestyles | $272,500 | |
| Listed by Realty Executives Desert Lifestyles | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Santa Carmelita at Vale La Quinta
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Listed by: Jessica Bailey, Realty Executives Desert Lifestyles
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215016250DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215016250DA
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