$295,000
●
House -
Off Market
79900 Independence Way
La Quinta, CA 92253
4 Beds
3 Baths
2,018 Ft²
$533,925
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
About This Property
Wonderful freshly-painted home centrally located in North La Quinta
in Monticello. Close proximity to the only International
Baccalaureate schools in the desert. This home has a spacious and
open floor plan with 4 bedrooms, 3 bathrooms. Newer tile in kitchen
and hallways. Open kitchen with a center island, sunny breakfast
area that is adjacent to the comfortable great room with a newly
tiled granite fireplace and sliders to the backyard. Master suite
has vaulted ceilings with sliders to the pool-sized backyard.
Master bathroom has dual sinks and a walk-in closet. Guest suites
have mirrored wardrobe doors. Large concrete patio with overhang.
Large cemented side yard can be used as a dog run or RV parking.
Located in lower-cost Imperial Irrigation District. Close to great
restaurants, shopping and La Quinta Park.
Unit Size
2,018 Ft²
Days on Market
22 days
Land Size
0.17 acres
Price per sqft
$149
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001
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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 #215017438DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2015 | Sold | ||
| Sold | |||
| Jun 4, 2015 | Listed by Keller Williams Realty | $299,900 | |
| Listed by Keller Williams Realty | |||
| Mar 3, 2014 | Sold | ||
| Sold | |||
| Sep 17, 2013 | Listed by Bennion Deville Homes | $289,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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Wonderful home centrally located in North La Quinta in the Monticello development & close to the only International Baccalaureate schools in the desert. This home has a spacious & open floor plan. With 4BR, 3BA & approx. 2100 sq. ft. of relaxed living. Open kitchen with a center island, sunny breakfast area that is adjacent to the comfortable great room with a tiled fireplace & sliders to the backyard! Master suite has vaulted ceilings with sliders to the pool-sized backyard! Master bathroom has dual sinks & a walk-in closet! Guest suites have mirrored wardrobe doors! Large concrete patio with overhang! There is one bedroom & bathroom w/ a shower that is behind the kitchen & away from the other bedrooms that can be used as an attached casita, home office or exercise room! Large cemented side yard can be used as a dog run! Located in lower cost Imperial Irrigation District. Close to great restaurants, shopping & La Quinta Park! This spacious home is waiting for your finishing touches!
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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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About La Quinta
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Currently no similar homes aroundNearby Rentals
Listed by: Chris Jennings, Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017438DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017438DA
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