Listed by: Mike Haque, eXp Realty of California, Inc
$935,000
●
House -
Off Market
78710 Avenida La Torres
La Quinta, CA 92253
4 Beds
4 Baths,
1
Half Bath
2,989 Ft²
$994,060
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Fulfill your dreams with this exquisite Tuscan-style home nestled
in The Desert Club Estates. The home features 4 beds, 3.5 baths, an
office, dining and sitting areas adorned with Saltillo tile floors
and custom wood doors and windows. The gourmet kitchen features
granite countertops and custom cabinets. You will love the high-end
appliances including 48' Dacor dual range, 30' Dacor wall oven,
dual warming drawers, convection/microwave oven, Miele integrated
dishwasher, 48' built-in SubZero in the kitchen, 36' built-in
SubZero in the pantry and SubZero wine storage cabinet. An extended
center island counter top gives additional seating for
entertaining. The master suite includes a lighted Jacuzzi tub for
2, dual sinks, and shower heads and a cedar-lined walk-in closet
with plenty of storage. This home also features an exquisite
backyard with views and a newly updated pool & spa. The detached
Casita is full of features, intentionally designed with a
kitchenette, ensuite bathroom, walk-in closet, and it's own private
entry. This home is ideal for extended families or the Desert
vacationer!
Unit Size
2,989 Ft²
Days on Market
38 days
Land Size
0.27 acres
Price per sqft
$318
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: 3 years ago (CRMLS #219083803PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by eXp Realty of California, Inc | $950,000 | |
| Listed by eXp Realty of California, Inc | |||
| Jul 8, 2019 | No longer available | - | |
| No longer available | |||
| Jul 4, 2019 | Relisted | $749,900 | |
| Relisted | |||
| Jun 19, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
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 Desert Club
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Listed by: Mike Haque, eXp Realty of California, Inc
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219083803PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219083803PS
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