80818 Via Puerta Azul
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | Listed by Compass | $825,000 | |
| Listed by Compass | |||
| | |||
|
This is the truly the ultimate vacation home. Located in the wonderfully designed community of Puerta Azul in La Quinta, this property offers an excellent opportunity to own a turnkey income producing vacation home in one of the most burgeoning communities in the Coachella Valley. What makes this home especially appealing is that it's exempt from the short-term vacation rental ban allowing you to take advantage of the extremely robust vacation rental market in the area. Between PGA West Golf, Coachella, Stagecoach, BNP Tennis Tournament, the Polo and horse show events, the rental demand is phenomenal as the area consistently draws tourists and snowbirds with the many events and some of the best weather you can find come winter. This lovely home has loads of special features including Alexa controlled smart lighting throughout the home, blackout window coverings in every room, and has a great new water purification system that services the entire house. The interior has been fully renovated including new flooring, an updated kitchen, and updated bathrooms featuring custom walk-in showers and tile work. In the backyard the current owners sparred no expense to make this a unique desert oasis that gives you a resort like experience. Featuring a custom dipping pool and spa, the beach entry and Baja shelf leading into the pool provides the perfect hangout to listen to the relaxing trickle of the waterfalls. When it gets warm out you can turn on the pools water chilling system to get the water temp just how you like it. In the evening cozy up to the firepit and enjoy the amazing start gazing the clear desert skies offer at night. The patio area includes cooling misters, a 42-inch wall mounted Television, and has pet-friendly artificial turf on the side of the house for your furry friends. Lastly, the community offers a heated resort style pool and heated lap pool, tennis court, fitness center, bocce ball, billiards table, ping pong, clubhouse with large flat screen tv, full kitchen, and a greenbelt to walk dogs. This home is 1 mile from Lake Cahuilla giving you access to some great hiking and fishing. Furniture is negotiable. You don't want to miss this one!
| |||
| Oct 25, 2018 | Sold | ||
| Sold | |||
| Mar 19, 2018 | Listed by Bennion Deville Homes | $376,500 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Puerta Azul
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
- 2 Baths
- 1,627 ft²
$6,000 /mo
- 3 Beds
- 3 Baths
- 2,472 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017