$280,000
●
House -
Off Market
79845 Memorial Place
La Quinta, CA 92253
3 Beds
2 Baths
1,722 Ft²
$490,967
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
This updated 3 bedroom and 2 bathroom home is located on a nice
corner lot in a quiet family neighborhood. Large 20 tile through
out, except the carpeted bedrooms. The kitchen counters and island
feature granite tops. You enter the house into the living and
dining rooms. The kitchen opens to the family room with fireplace.
The master bedroom opens to a private backyard. The master bath has
a double vanity with granite counter tops and a large walk in
closet. The other two bedrooms share the other full bath with new
granite top. The South facing backyard is a nice mixture of patio
and grass. The side yard is set up for either storing your boat,
trailer or RV. The whole home is freshly painted, new base boards,
granite counters and much more. There is a large park just 2 houses
away.La Quinta is one of the best school districts in the state.
Unit Size
1,722 Ft²
Days on Market
109 days
Land Size
0.17 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
2002
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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 #216000077DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 21, 2016 | Sold | ||
| Sold | |||
| Jan 3, 2016 | Listed by HomeSmart | $285,000 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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 La Quinta
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Listed by: Rick Cannon, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216000077DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216000077DA
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