Listed by: Patty Doyle, Southern Hills Real Estate
$562,500
●
House -
Off Market
78510 Avenida Nuestra
La Quinta, CA 92253
3 Beds
5 Baths,
1
Half Bath
3,070 Ft²
$1,084,742
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model
About This Property
NOW REDUCED $74,000!!! Desert Club Estates Private, custom,
mini-estate with million dollar views from almost every room
situated on a corner lot. Experience a lush, tropical paradise in
the heart of La Quinta within walking distance to shops and
restaurants of Old Town. This beautiful, well maintained home shows
pride of ownership inside and out. Built in 2001, this 3 bedroom ,
4 1/2 bath home has plenty of room for everyone. It can easily be
used as a 4 bedroom home as the office/den space has its own
private bath. With too many upgrades to mention, this home was
built originally as the builder's own home. The kitchen includes a
5 burner gas cook top, granite counters and eat in nook. The 3 car
garage is ideal for an extra car or golf cart as the home is also
within close proximity to Silver Rock and Citrus Golf Courses.
Don't miss the opportunity to own this piece of Heaven.
Unit Size
3,070 Ft²
Days on Market
128 days
Land Size
0.27 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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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 #213004042DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2014 | Sold | ||
| Sold | |||
| Dec 2, 2013 | Listed by Southern Hills Real Estate | $575,000 | |
| Listed by Southern Hills Real Estate | |||
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
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Desert Club
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Listed by: Patty Doyle, Southern Hills Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213004042DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213004042DA
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