Listed by: Gail Gallaudet, HK Lane Real Estate
$895,000
●
House -
Off Market
79500 Citrus
La Quinta, CA 92253
3 Beds
3 Baths,
1
Half Bath
2,886 Ft²
$1,021,501
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
A great opportunity in the Citrus for an improved home with
fabulously upgraded outdoor areas, in addition to a newly created
drive in golf cart garage next to the 2 car garage. The owners have
totally reconstructed the pool/spa to be pebble tec & salt water,
along with new tile and all new pool equipment. To complement the
new pool area the patio has been treated with a gorgeous stamped
concrete. The backyard & courtyard were also re-done to include new
pavers, landscaping, and newly installed outdoor lighting, which is
timed/solar in both the front and back of the home. The night
lighting is spectacular. And... Even the AC units have been
replaced. This is a special home with two ensuite bedrooms and a
third large office that can be used as den or third bedroom. The
kitchen has a new microwave, refrigerator, & new popular apron sink
with a Kohler faucet. We will be showing this home through Sunday,
March 14, and will look at all offers on Monday, March 15. The home
is being offered furnished. Come quickly... you don't want to miss
this opportunity!
Unit Size
2,886 Ft²
Days on Market
33 days
Land Size
0.20 acres
Price per sqft
$291
Property Type
House
Property Taxes
-
HOA Dues
$542
Year Built
2000
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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 #219058708DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Mar 11, 2021 | Listed by HK Lane Real Estate | $840,000 | |
| Listed by HK Lane Real Estate | |||
| Apr 8, 2016 | Sold | ||
| Sold | |||
| Sep 8, 2015 | Listed by HomeSmart | $639,500 | |
| Listed by HomeSmart | |||
| | |||
|
Located in The Citrus, the renowned Golf Country Club in La Quinta. This is the epitome of a Desert Retreat ~ Enter the Sunny Courtyard through a Wrought Iron Gate The impressive front door opens to a Wall of Windows overlooking the Golf Course, Pool & Spa. This is the Trovita Plan 2. A 2-Bedroom home, plus a handsome Den/Office lined with bookcases and Fireplace. The Master Suite is impressive with a Sitting area, Access to the Pool, Fireplace, and 2 walk-in-closets. Master Bath has Glass-block double Shower, Soaking Tub, and Vanity. The Second Bedroom is located away from the Master for maximum Privacy and has it's own bath attached. The Kitchen is perfect for entertaining with 5-burner gas range, Double Ovens,Large Walk-In Pantry, Slab Granite and opens to the Great Room with Fireplace and stylish Built-In's to accommodate a big screen TV. The high ceilings and lots of windows make this home light, bright and very inviting. Please come and see for yourself.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Citrus Club
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Listed by: Gail Gallaudet, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058708DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058708DA
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