$480,000
●
House -
Off Market
80092 Silver Sage Lane
La Quinta, CA 92253
3 Beds
3 Baths,
1
Half Bath
1,494 Ft²
$540,810
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
Welcome to the gated community of Codorniz, a charming collection
of homes located in beautiful South La Quinta. Offered
FURNISHED, this 3 bedroom, 2.5 bath home has an open floor plan
with a spacious kitchen and pantry, granite counter tops and
stainless steel appliances. You have an enclosed patio downstairs
and an upstairs balcony with mountain views. The low HOA includes
community pool and spa, tennis court, BBQ area and fitness center.
Enjoy lower electric bills being in the Imperial Irrigation
district for electricity. Across the street from SilverRock golf
course and minutes away from quaint Old Town La Quinta, featuring
shops and restaurants, and the world famous polo grounds hosting
both Coachella and Stagecoach music festivals. This is a perfect
full time residence or desert getaway.
Unit Size
1,494 Ft²
Days on Market
42 days
Land Size
0.06 acres
Price per sqft
$325
Property Type
House
Property Taxes
-
HOA Dues
$360
Year Built
2015
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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 #219068029DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2021 | Sold | ||
| Sold | |||
| Sep 24, 2021 | Listed by BBS Brokers Realty | $485,000 | |
| Listed by BBS Brokers Realty | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
Sold On
HOA + Taxes
About Codorniz
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kamoei Group, BBS Brokers Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219068029DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219068029DA
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