Listed by: Gail Gallaudet, HK Lane Real Estate
$860,000
●
House -
Off Market
79620 Citrus
La Quinta, CA 92253
3 Beds
3 Baths,
1
Half Bath
2,762 Ft²
$1,033,661
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
What an opportunity in The Citrus! This home is ready to move into
and enjoy. Attention to detail is apparent from the moment you
enter through the custom rod iron gates into the inviting courtyard
with its lovely water fountain. Inside the home you will be
captivated by the elegant yet so soothing & livable interior. Rich
colors and inviting finishes everywhere. The large kitchen with the
informal dining area also hosts a nice wet bar to the side, and
even a good sized pantry. There are two large bedrooms & currently
the 3rd bedroom has been converted to a large office with a
fireplace & doors opening out to the front courtyard. The pool/spa
area tells its own story, and is a place to truly enjoy the Desert
lifestyle. The outdoor fireplace with the surrounding sitting area
is so inviting that you won't want to go anywhere else! There are
many wonderful other sitting vignettes all around the custom
pool/spa.
Unit Size
2,762 Ft²
Days on Market
50 days
Land Size
0.21 acres
Price per sqft
$308
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 #219057406DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 6, 2021 | Sold | ||
| Sold | |||
| Feb 15, 2021 | Listed by HK Lane Real Estate | $850,000 | |
| Listed by HK Lane Real Estate | |||
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 Citrus Club
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Listed by: Gail Gallaudet, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057406DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057406DA
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