$600,000
●
House -
Off Market
78860 Rio Seco
La Quinta, CA 92253
3 Beds
1 Bath,
1
Half Bath
2,288 Ft²
$885,177
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
This home started off as a model home and still is! This highly
desirable Seville floor plan is special in many ways starting with
a south facing courtyard with custom glass and wood dual entry
doors. On the patio side, you will find that the deep lot
keeps the pool and elevated spa and waterfall in the sun for all to
enjoy along with the BBQ island and handsome pebble finish patio.
All will have a great time gathering together in the evening by the
patio's outdoor fireplace! Another plus is the spacious three-car
garage! The abundance of windows in this home allows for lots of
sunshine and full enjoyment of the professional landscaping in the
courtyard and back patio. The interior also features neutral
ceramic tile flooring, a handsome stone covered central fireplace,
custom window coverings, custom finished cabinetry, ceiling
fans in all bedrooms and living area. One guest bedroom has been
customized into a handsome office. The remodeled kitchen features
slab granite counters, stainless steel appliances, custom finished
cabinetry and tear drop lighting. Master bath features a rain glass
shower. Furnished per Inventory List. Three-car garage
Unit Size
2,288 Ft²
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
$490
Year Built
1997
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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: 4 months ago (CRMLS #219038771DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by Rancho La Quinta Properties | $949,000 | |
| Listed by Rancho La Quinta Properties | |||
| | |||
|
This home started off as a model home and still is! This highly desirable Seville floor plan features a south facing courtyard with custom glass and wood dual entry doors. The deep lot keeps the pool and elevated spa and waterfall in the sun. BBQ island. Pebble finish patio. Gather together in the evening by the patio's outdoor Kiva fireplace!Please see the Attached Improvements list. Abundance of windows allows for lots of sunshine and full enjoyment of the professional landscaping in the courtyard and back patio. Interior features neutral ceramic tile flooring, a handsome stone accented central fireplace, custom window coverings, custom finished cabinetry, ceiling fans in all bedrooms and living area. One guest bedroom has been customized into a handsome office. The kitchen features slab granite counters, stainless steel appliances, custom finished cabinetry and tear drop lighting. Master bath features a rain glass shower. New master bedroom A/C 2020. New garage A/C 2020. New efficient ductwork 2020. New landscape lighting 2022. New cabinets in garage 2020. New pool controller. New pool pump motor. Furnished per Inventory List. Three-car garage
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Air Conditioning
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 Rancho La Quinta
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 2 Beds
- 2 Baths
- 2,013 ft²
$10,000 /mo
- 3 Beds
- 2 Baths
- 2,284 ft²
Listed by: Ron Roisum, Rancho La Quinta Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219038771DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219038771DA
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