Listed by: Brittany Read, Southern Hills Real Estate
$595,000
●
House -
Off Market
80849 Calle Azul
La Quinta, CA 92253
2 Beds
3 Baths,
1
Half Bath
1,557 Ft²
$642,354
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Whether you're looking for a full-time residence, vacation home or
an investment property, this meticulously maintained home will not
disappoint. Puerta Azul is one of only a few developments approved
for short-term rentals in La Quinta. This charming home has double
master suites both with large ensuite bathrooms and walk-in
closets. The newly installed salt water pool/spa gives this home a
resort-like feel and is perfect for enjoying the warm summer days
and sunsets complete with stunning mountain views. This home
features tile throughout, granite counter tops in the kitchen and
bathrooms, wood shutters, newly installed plush carpet in the
bedrooms, powder room and jet Jacuzzi tub. In 2020, the sellers
added over $100,000 in upgrades to this home: HVAC, hot water
heater, pool/spa, garage built-ins, dishwasher, new carpet, etc.
The Puerta Azul community has a clubhouse with a pool table, card
table, fitness center and community pools. Call to schedule an
appointment to view as it won't last long.
Unit Size
1,557 Ft²
Days on Market
8 days
Land Size
0.12 acres
Price per sqft
$353
Property Type
House
Property Taxes
-
HOA Dues
$336
Year Built
2005
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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 #219063204DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2023 | No longer available | - | |
| No longer available | |||
| Oct 13, 2023 | In contract | - | |
| In contract | |||
| Oct 2, 2023 | Listed by Cool Digs | $739,000 | |
| Listed by Cool Digs | |||
| | |||
|
Location, Location, Vacation! La Quinta's BEST Option for SHORT TERM Rentals, BAR NONE, in the Private Enclave of Puerta Azul. This Casa Alegre Model Offers Everything Today's Buyer is Looking for; BRIGHT, AIRY and OPEN with and Abundance of Natural Light, MOVE-IN READY & an Unrivalled Outdoor Entertaining Space that is Both Private and Resort-esque. TURNKEY FURNISHED and Features Two Master Suites, a Sizeable Kitchen, a Saltwater Pool & Spa and a Perimeter Lot (No One Behind You) and Deluxe Views of the Santa Rosa Mountains. Tastefully Upgraded and Truly a Triple Option of Opportunity; a Primary Residence, a Vacation Getaway -or- a Fantastic Rental Opportunity that Could be Ready for Revenue! Manageable Monthly HOA's include Community Center w/Fitness, 2 Pools, Sports Court, Common Area Maintenance and Security Gate. Bonus: Close to Hiking/Biking Trails & Minutes from Shopping/Dining, Old Town, Golfing, the Polo Grounds/Music Festivals & all that the Desert has to Offer! The manager has listed the unit size as 1557 square feet.
| |||
| Jun 18, 2021 | Sold | ||
| Sold | |||
| Jun 7, 2021 | Listed by Southern Hills Real Estate | $549,000 | |
| Listed by Southern Hills Real Estate | |||
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Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Puerta Azul
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Listed by: Brittany Read, Southern Hills Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063204DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063204DA
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