$600,000
●
House -
Off Market
78665 Via Corrido
La Quinta, CA 92253
5 Beds
4 Baths,
1
Half Bath
2,464 Ft²
$647,709
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
ACCEPTING BACKUP OFFERS !!Welcome to one of the largest homes in
Parc La Quinta, complete with an oversized private Casita, custom
landscaping & spectacular views of the Santa Rosa Mountains. This 5
bedroom, 3.5 bath home offers you tranquility, functionality &
options. This gated community has advantages; low HOA fees
($163/mo) & IID electrical district, approx 1/2 the cost of SCE.
Central to major attractions such as Coachella & Stagecoach music
festivals, Indian Wells Tennis garden, PGA West, & countless
farmers markets, boutique shops & restaurants. In front, unique low
maint desertscape, in back, a greenscape for hosting or your own
private enjoyment. This oasis includes a 40+ jet spa, vine covered
pergola, firepit, misters, shed & unique Hammock Village.The large
Casita is rare find in today's market at this price. For the savvy
buyer, the Casita is a gem of functionality. Perfect for rental
income, large WFH office, ultimate guest space, or just keep it all
for you. A private entrance, walk-in closet, full bath, &
kitchenette are included. On the ground floor, you'll find an open
living room, fireplace, dining room, kitchen (stainless), laundry &
1/2 bath. If 5 bedrooms wasn't enough, off the living room is a
large bonus room perfect for a kids playroom, library, den, etc.
Upstairs the master bed & bath offer stunning views of the
mountains. Additionally, there are 3 more bedrooms & a full bath on
this level. Sold unfurnished or furnished
Unit Size
2,464 Ft²
Days on Market
140 days
Land Size
0.18 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
$163
Year Built
1989
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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 #219079076DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Capitis Real Estate | $619,000 | |
| Listed by Capitis Real Estate | |||
Property Highlights
Air Conditioning
Garage
With View
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: Kurt Scheeler, Capitis Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079076DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079076DA
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