Listed by: Danette Kim, HomeSmart
$940,000
●
House -
Off Market
79185 Shadow Trail
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,644 Ft²
$4,890
Est. Monthly
$230
HOA / Fees
7.30%
Cap Rate
About This Property
Welcome to your dream home! Upon entering this stunning residence,
you are welcomed by an open concept living room, tall ceilings, and
natural lighting throughout, creating an expansive and airy feel.
This design seamlessly blends living, dining, and kitchen areas,
perfect for both entertaining and everyday living. Step outside to
your private oasis featuring a sparkling pool and covered patio and
kitchen. Backyard features also include an outdoor shower,
artificial turf, and outdoor speakers. The speakers can be linked
to the ones inside creating seamless indoor/outdoor living and
entertaining. The three-car garage and long driveway create ample
room for parking and storage. This home is located within the gated
community of Desert Cove, a hidden gem in the city of La Quinta
with low HOA dues. Experience luxury and comfort in this
one-of-a-kind property.
Unit Size
2,644 Ft²
Days on Market
66 days
Land Size
0.24 acres
Price per sqft
$359
Property Type
House
Property Taxes
-
HOA Dues
$230
Year Built
2015
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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 #219112976DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by HomeSmart | $949,000 | |
| Listed by HomeSmart | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Santa Rosa
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Listed by: Danette Kim, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219112976DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219112976DA
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