Listed by: Randy Diamond, Desert Sotheby's International Realty
$450,000
●
House -
Off Market
80927 Calle Azul
La Quinta, CA 92253
2 Beds
2 Baths
1,371 Ft²
$510,840
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Enjoy resort-inspired living in this spacious Casa Bonita model,
only one of four in Puerta Azul with a two-car garage. Freshly
remodeled kitchen with granite tile countertops and many new
appliances. Popular great room concept boasts abundant
natural light, raised ceiling with fan, fireplace, and new
flooring. Newley remodeled main bath. Desert lifestyle living
includes a private patio with a fountain and mountain views of the
Santa Rosa's. The large owner's suite includes raised ceiling
with fan, ensuite full bath with dual sinks, soaking tub, tile
shower, and small walk-in closet. Located in the enchanting
community of Puerta Azul with amenities that include a clubhouse, 2
Pools/Spas, fitness center, tennis court, and low $320/mo HOA.
Conveniently located close to Polo Grounds, Old Town, concert
venues, and championship golf course. Love where you live or
lucrative rental.
Unit Size
1,371 Ft²
Days on Market
29 days
Land Size
0.09 acres
Price per sqft
$328
Property Type
House
Property Taxes
-
HOA Dues
$336
Year Built
2004
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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 #219066093DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2024 | No longer available | - | |
| No longer available | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2023 | Listed by Berkshire Hathaway HomeServices California Properties | $645,900 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
Enjoy resort-inspired living in this spacious Casa Bonita model, only one of four in Puerta Azul, with a two-car garage. Investors, this is a ''turnkey'' offering in one of the few remaining communities that allow short-term rentals. Delight in an updated kitchen with granite tile countertops and many newer appliances. This popular great room concept boasts abundant natural light, a raised ceiling with fan, fireplace, and new flooring and plantation shutters. The main bath is also updated. Live the Desert lifestyle with a private patio, large fountain and spectacular mountain views of the Santa Rosa's. The large owner's suite includes a raised ceiling with fan, ensuite full bath with dual sinks, soaking tub, tile shower, and cozy walk-in closet. Located in the enchanting community of Puerta Azul with amenities that include a clubhouse, 2 Pools/Spas, fitness center, tennis court, and low HOA fees. Conveniently located close to Old Town La Quinta, music festival venues, Polo grounds, and championship golf courses. Love where you live or lucrative rental. The manager has listed the unit size as 1371 square feet.
| |||
| Sep 10, 2021 | Sold | ||
| Sold | |||
| Aug 1, 2021 | Listed by Desert Sotheby's International Realty | $450,000 | |
| Listed by Desert Sotheby's International Realty | |||
Property Highlights
Garage
Air Conditioning
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: Randy Diamond, Desert Sotheby's International Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066093DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066093DA
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