$585,000
●
House -
Off Market
78127 Red Hawk Lane
La Quinta, CA 92253
3 Beds
3 Baths,
1
Half Bath
2,390 Ft²
$1,121,265
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model
About This Property
Beautiful move-in ready home is located in Hidden Canyon which is
one of South La Quinta's premier gated communities. This gorgeous
Ridge View plan 1 has the very desirable great room design that
combines a gourmet kitchen, spacious sunlit dining area and warm
living area to create a very comfortable and functional main living
space. A cozy den makes for a great living space away from the main
area and could also be converted to a 4th bedroom. Wonderful master
suite has a large walk in closet, spacious master bath and sliders
that open up to the relaxing covered patio area. Spacious rear yard
offers mountain views, the very desirable southern exposure and
plenty of room to add a pool. Interior has been freshly painted and
there are custom plantation shutters on all windows. The front and
rear yards have just been professionally landscaped so there's not
much else to do except move in. Hurry!
Unit Size
2,390 Ft²
Days on Market
35 days
Land Size
0.24 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
$200
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: 2 years ago (CRMLS #213006384DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2014 | Sold | ||
| Sold | |||
| Dec 3, 2013 | Listed by Coldwell Banker Res. Brokerage | $577,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Quinta
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Listed by: Sondra Andersen, Coldwell Banker Res. Brokerage
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213006384DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213006384DA
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