Listed by: Gary Pietsch, Desert Luxury Homes
$368,000
●
House -
Off Market
80879 Calle Azul
La Quinta, CA 92253
2 Beds
2 Baths
1,371 Ft²
$439,974
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Located in the resort community of Puerta Azul with two pools and
spas, clubhouse with gym, tennis court, pool table and table
tennis. Well designed and maintained 2 Bedroom, 2 Bath home with
open concept kitchen and great room. Kitchen has granite
counters,stainless steel appliances, freshly painted white
cabinetry with additional shelving. Master Bedroom has double
sinks,granite tile counters, large soaker tub, separate glass
enclosed shower, walk in closet, and white cabinetry.
Professionally landscaped rear side yard with 2 water features, new
quality synthetic turf, large area of concrete pavers, Firemagic
Built-in Grill, fire pit, quality landscaped furnishings, all
surrounded by walls and pots of greenery and color. This home had
the exterior painted and hand rolled in October 2018. Great
location, the perfect retirement home or weekend getaway. This
Community has an annual mediation fee of $190 for each home owner
paid out every January. Please make sure you send the signed PEAD.
Unit Size
1,371 Ft²
Days on Market
74 days
Land Size
0.10 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
$324
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 #219057692DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 6, 2021 | Sold | ||
| Sold | |||
| Feb 21, 2021 | Listed by Desert Luxury Homes | $369,900 | |
| Listed by Desert Luxury Homes | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Nov 20, 2019 | Listed | $344,900 | |
| Listed | |||
| | |||
|
Located in the resort community of Puerta Azul with two pools and spas, clubhouse with gym, tennis court, pool table and table tennis. Well designed and maintained 2 Bedroom, 2 Bath home with open concept kitchen and great room. Kitchen has granite counters,stainless steel appliances, freshly painted white cabinetry with additional shelving. Master Bedroom has double sinks,granite tile counters, large soaker tub, separate glass enclosed shower, walk in closet, and white cabinetry. Professionally landscaped rear side yard with 2 water features, new quality synthetic turf, large area of concrete pavers, Firemagic Built-in Grill, fire pit, quality landscaped furnishings, all surrounded by walls and pots of greenery and color. This home had the exterior painted and hand rolled in October 2018. Great location, the perfect retirement home or weekend getaway. This Community has an annual mediation fee of $190 for each home owner paid out every January. The manager has listed the unit size as 1371 square feet.
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Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Puerta Azul
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Listed by: Gary Pietsch, Desert Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057692DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057692DA
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