$661,700
●
House -
Off Market
79906 Morris Avenue
La Quinta, CA 92253
3 Beds
2 Baths
1,806 Ft²
$629,866
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Great Price. Great Location, Great Home. Great opportunity in the
Monticello community of La Quinta. The home will check a lot of
boxes from high ceilings, granite counter kitchen with lots of
cabinets, direct access garage, and backyard with pool that has a
waterfall feature. Enter through double doors and the living room
has a gas fireplace, tile floors, and high ceilings. Enjoy the
additional den area and three separate bedrooms of which the
primary bedroom has French doors leading to the pool area. Enjoy a
large primary bathroom with large walk-in closet. Kitchen has lots
of counter space and plenty of cabinets, a pantry, and a work
section. Watch the pool area while entertaining inside or join them
outside with plenty of open patio space. Additionally, you have a
laundry room and direct access garage with workspace. Low Quarterly
HOA dues of $118.
Unit Size
1,806 Ft²
Days on Market
33 days
Land Size
0.17 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
$118
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 #219076302DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2022 | Sold | ||
| Sold | |||
| Mar 30, 2022 | Listed by Coldwell Banker Realty | $625,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Garage
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 La Quinta
Similar Homes for Sale
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Listed by: Lucio Bernal, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219076302DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219076302DA
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