Listed by: Essig & Associates, Vine Property Group, Inc.
$280,000
●
House -
Off Market
80885 Calle Azul
La Quinta, CA 92253
2 Beds
2 Baths
1,371 Ft²
$472,707
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Looking for a perfect home to dip your toe in the water of the
desert lifestyle PLUS own a property that would be a great vacation
rental? This is it! With the open floor plan everyone wants, this
home has a granite kitchen which opens to great room with fireplace
and dining table area. There are two bedrooms, each with its own
bath. Attached one car garage plus several extra parking spaces
nearby for extra car or guest parking. Puerta Azul is a charming
gated enclave of homes in south La Quinta, situated off Madison,
across from the Legends gate at PGA West. Residents enjoy access to
2 community pools/spas, tennis courts, putting green and bocce
ball. Clubhouse has fitness center, pool table, and seating for
private gatherings. Low monthly HOA dues are only $275 month.
(Subject to change-buyer to verify.)
Unit Size
1,371 Ft²
Days on Market
26 days
Land Size
0.11 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
$275
Year Built
2005
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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: 2 years ago (CRMLS #216023044DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2022 | Sold | ||
| Sold | |||
| Mar 6, 2022 | Listed by Southern Hills Real Estate | $539,000 | |
| Listed by Southern Hills Real Estate | |||
| | |||
|
SHORT-TERM RENTAL APPROVED! This charming light & bright home is ideally located in the resort-style community of Puerta Azul. The open floor plan with tile flooring throughout is the perfect combination of privacy & style. Enjoy entertaining friends & family in the recently updated kitchen with new appliances. This is an immaculately maintained 1,371 square foot 2 Bed/2 Bath home nestled perfectly between two community pools & spas with very close overflow guest parking. This home has a quaint back patio which gets a nice amount of sunshine. The spacious primary suite accommodates couples with dual sinks, soaking tub, tiled shower, and walk-in closet. The bedrooms are separated, providing guests with privacy & convenience. There's a laundry area inside & a 1-car attached garage. Embrace the Desert lifestyle enjoying the community amenities which include two large pools, clubhouse, fitness center, a tennis court & lush grounds. Close to Old Town La Quinta, Coachella and Stagecoach venues, as well as PGA West/Silverock golf. This is an ideal investment property with no minimum night's stay requirements and very reasonable HOA dues ($320/mo. & $204/annual resort fee). Viewings begin Friday, 3/11/22. Please call to schedule your viewing ASAP.
| |||
| Sep 2, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2016 | Listed by Vine Property Group, Inc. | $280,000 | |
| Listed by Vine Property Group, Inc. | |||
| Jun 12, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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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: Essig & Associates, Vine Property Group, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216023044DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216023044DA
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