Listed by: Ron Roisum, Rancho La Quinta Properties
$950,000
●
House -
Off Market
78840 Cabrillo Way
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,403 Ft²
$1,111,542
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
This beautiful Rancho La Quinta C.C. home features views of the
rugged Santa Rosa Mountain Foothills and the 16th fairway of the
Robert Trent Jones Jr. Championship Golf Course! Custom curvilinear
pool with elevated spa with waterfall. Large entertainer's patio.
Large BBQ island. The custom leaded glass and wood entry door
provides soft light into the elegant foyer. Highly desirable great
room floor plan features large panoramic windows to the view.
Custom built-in entertainment wall. The kitchen features a large
center island, granite counters, double ovens. Flooring is high
fired ceramic with high quality carpet in the bedrooms. Custom
window coverings include quality shutters. Base boards
throughout. The two-car plus golf cart garage features epoxy
finished flooring and built-in storage.
Unit Size
2,403 Ft²
Days on Market
33 days
Land Size
0.18 acres
Price per sqft
$395
Property Type
House
Property Taxes
-
HOA Dues
$920
Year Built
1998
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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 #219061316DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by Rancho La Quinta Properties | $950,000 | |
| Listed by Rancho La Quinta Properties | |||
Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Rancho La Quinta
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Listed by: Ron Roisum, Rancho La Quinta Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061316DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061316DA
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