Listed by: John Pedalino, Desert Estates Development
$620,000
●
House -
Off Market
81862 Seabiscuit Way
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,643 Ft²
$930,925
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
This 3 bedroom plus den, 3 1/2 bath home is one of four (4) brand
new homes at Rancho Santana. The floor plans and elevations remain
the same, however, the interior and exterior color schemes have
been updated to the current transitional and contemporary market
demand. The interior includes Marina Shaker cabinetry with
Metropolis Pearl Quartz counters and Linear Deco Backsplash, 12'' x
24'' Metro Plus Manhattan tile flooring transitioned into the
master shower and tub surround with the same Linear Deco Liner,
Stainless Steel GE Profile appliances, ceiling fans, contemporary
styled direct vent fireplace w/glass media, window blinds, and
alarm system. The exterior features a swimming pool and spa w/ Agua
White Stonescapes Pebble and built-in BBQ (the BBQ is an optional
feature included only on this home), and Cape Cod Grey stone facia.
Rancho Santana is a 200 home gated community offering low HOA dues,
a community park, putting course, and walking trails connecting the
entire community
Unit Size
2,643 Ft²
Days on Market
464 days
Land Size
0.21 acres
Price per sqft
$240
Property Type
House
Property Taxes
-
HOA Dues
$170
Year Built
2018
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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 #218011722DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2019 | Sold | ||
| Sold | |||
| May 8, 2018 | Listed by Desert Estates Development | $634,900 | |
| Listed by Desert Estates Development | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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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HOA + Taxes
About Rancho Santana
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Listed by: John Pedalino, Desert Estates Development
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218011722DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218011722DA
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