80380 Paseo Encanto
About This Property
Thoughtfully designed, the home features multiple living areas and a versatile floor plan with three bedrooms. Two spacious primary suites are located upstairs, offering privacy and convenience, while a main-level bedroom and full bathroom provide an ideal setup for guests.
The backyard is designed for enjoying the desert lifestyle, complete with a sparkling pool, expansive covered patio for outdoor dining and relaxation, and a generously sized lot. Conveniently located near popular dining, shopping, golf courses, and outdoor recreation, and just a short drive to major local events such as the Coachella Valley Music and Arts Festival and Stagecoach Festival, this home offers easy access to everything the area has to offer.
A fantastic opportunity to own a move-in ready home in a highly desirable location.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2026 | Price Decreased |
$644,900
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Apr 29, 2026 | Listed by eXp Realty of Southern California, Inc | $649,999 | |
| Listed by eXp Realty of Southern California, Inc | |||
| Jul 15, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by Re/Max Desert Properties | $649,900 | |
| Listed by Re/Max Desert Properties | |||
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Nestled in a prime location just moments away from the vibrant town of La Quinta and conveniently situated directly across from the renowned Shields Date Garden, this exquisitely furnished home presents a unique and exceptional opportunity that is not to be overlooked. Offering two living areas and three bedrooms, with the intriguing potential to effortlessly revert to a four-bedroom configuration in accordance with the property's tax records, this residence epitomizes versatility and adaptability. The home features two primary suites on the upper level, providing a sense of privacy and comfort, while the lower level includes an additional bedroom with easy access to a full bathroom, ensuring convenience and practicality for residents and guests alike. Stepping outside, the vast and meticulously maintained lot unfolds to reveal a stunning oasis, complete with a sizable pool, an expansive covered patio that is perfect for dining and relaxation, as well as a convenient pass-through to the garage, catering to car enthusiasts or offering additional space for entertaining in style. The property's advantageous proximity to a plethora of amenities including fine dining establishments, upscale shopping destinations, picturesque hiking trails, world-class golf courses, and much more.
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| Sep 11, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017