Listed by: Brad Schmett Real Esta..., Keller Williams Luxury Homes
$332,500
●
House -
Off Market
78685 Forbes Circle
La Quinta, CA 92253
4 Beds
2 Baths
1,721 Ft²
$572,640
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
INCREDIBLE VALUE In North La Quinta! Located in the non-gated
community of Acacia at La Quinta, this 4 BD/2 BA desirable corner
lot pool home offers an open floor plan in approx. 1,721 sq. ft. of
well-designed living space. Interior features include: a formal
living room w/ stacked stone wall & fireplace, dining area,
spacious kitchen w/ granite counter tops, stainless steel
appliances & pool view, great room w/ pool & patio access, master
BD w/pool access & attached bathroom, 3 spacious guest bedrooms
(one used as an office) guest bathroom & indoor laundry. Sparkling
pool & spa grace the large backyard w/ a covered patio area, BBQ
island & roomy side yards for additional use. Privacy is enhanced
w/ lush & mature landscaping. Tile flooring, ceiling fans & custom
window coverings throughout add value & style. No monthly HOA dues,
an extra-large lot & a well-appointed outdoor living space make
this home incredibly appealing. Near award-winning schools, dining,
shopping & entertainment.
Unit Size
1,721 Ft²
Days on Market
35 days
Land Size
0.19 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #216002389DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2016 | Sold | ||
| Sold | |||
| Feb 1, 2016 | Listed by Keller Williams Luxury Homes | $329,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Quinta
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Listed by: Brad Schmett Real Esta..., Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216002389DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216002389DA
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