$675,000
●
House -
Off Market
78625 Avenida Ultimo
La Quinta, CA 92253
3 Beds
3 Baths
2,370 Ft²
$857,186
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Beautiful three bedroom, plus a den, home on a large lot in La
Quinta's Desert Club Estates. This home features cathedral ceilings
with fans, plantation shutters, custom kitchen cabinetry with pull
out drawers, downdraft range on the kitchen island, Saltillo tile
flooring, and an interior laundry room with cabinets. The master
suite has a dual basin vanity, separate shower and soaking tub, and
a walk-in closet. Amazing backyard with mountain views, mature
landscaping, fruit trees, rose bushes, herb garden, three separate
patios, an enormous hot tub (spool), and a potting shed. Two car
attached garage in the front, and an unused RV gate on the West
side.
Unit Size
2,370 Ft²
Days on Market
88 days
Land Size
0.28 acres
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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 #219062756PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2023 | No longer available | - | |
| No longer available | |||
| Apr 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 29, 2023 | Listed by HomeSmart Professionals | $1,285,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
Custom Built Home in beautiful La Quinta near Old Town La Quinta. Best kept secret is Desert Club Estates. Beautiful homes with large lots and no Homeowner Association Fees! Top to bottom Complete Remodel. Executive level resort home features 4 bedrooms and 4 baths. Compound-like grounds beautifully landscaped with large patio and grassy areas provide plenty of room for large gatherings of friends, family and their furry companions. This is an Entertainer's Home. The floorplan is perfect for entertaining with an expansive game room/family room. Chef's Kitchen with large island makes casual dining an easy affair at large adjacent dining area. Easier still is ''al fresco'' dining outdoors at the covered patio. Master Bedroom is much like a luxurious Hotel Suite with expansive view of garden through beautiful French doors. The hosts can indulge in a spa-like bath with stand-alone tub or in the enormous shower area which is a luxurious experience all in itself. The remaining three Guest Rooms carry the same luxurious theme. Garage equipped with electric car charging station. Offered TURNKEY furnished. ALL NEW designer furnishings and everything you need to start enjoying a true desert experience from the moment you arrive! The manager has listed the unit size as 2611 square feet.
| |||
| Nov 12, 2022 | Listed by HomeSmart Professionals | $1,300,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
Custom Built Home in beautiful La Quinta near Old Town La Quinta. Best kept secret is Desert Club Estates. Beautiful homes with large lots and no Homeowner Association Fees! Top to bottom Complete Remodel. Executive level resort home features 4 bedrooms and 4 baths. Compound-like grounds beautifully landscaped with large patio and grassy areas provide plenty of room for large gatherings of friends, family and their furry companions. This is an Entertainer's Home. The floorplan is perfect for entertaining with an expansive game room/family room. Chef's Kitchen with large island makes casual dining an easy affair at large adjacent dining area. Easier still is ''al fresco'' dining outdoors at the covered patio. Master Bedroom is much like a luxurious Hotel Suite with expansive view of garden through beautiful French doors. The hosts can indulge in a spa-like bath with stand-alone tub or in the enormous shower area which is a luxurious experience all in itself. The remaining three Guest Rooms carry the same luxurious theme. Garage equipped with electric car charging station. Offered TURNKEY furnished. ALL NEW designer furnishings and everything you need to start enjoying a true desert experience from the moment you arrive! The manager has listed the unit size as 2611 square feet.
| |||
| Aug 24, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Desert Club
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,000 /mo
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- 2,013 ft²
$10,000 /mo
- 3 Beds
- 2 Baths
- 2,284 ft²
Listed by: Joshua Hayes, Hayes Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219062756PS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219062756PS
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