Listed by: Doris Martin, Berkshire Hathaway HomeServices California Properties
$357,500
●
House -
Off Market
78255 Cloud View Way Way
La Quinta, CA 92253
3 Beds
2 Baths
1,532 Ft²
$479,551
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Location is everything! Don't miss the opportunity to live
near Old Town La Quinta, close to shopping and restaurants.
This super cute home has a very open concept to maximize its
living space. This is a standard sale and seller will respond
quickly to all offers. This home was just painted in a
neutral color, and new carpet was just installed. This home
is move-in ready! Seller will give an allowance for window
coverings. Backyard is very low maintenance with mostly slab
cement (no grass in backyard). NO SHOWINGS UNTIL SATURDAY,
11-21-20.
Unit Size
1,532 Ft²
Days on Market
42 days
Land Size
0.11 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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 #219053329DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2020 | Sold | ||
| Sold | |||
| Nov 17, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $365,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Fireplace
Air Conditioning
Garage
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
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Seasons
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Listed by: Doris Martin, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219053329DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219053329DA
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