$450,000
●
House -
Off Market
84040 Capitola Avenue
Coachella, CA 92236
3 Beds
2 Baths
1,288 Ft²
$462,817
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Amazing lot with tremendous potential! The inside of the home,
baseboards, doors and door trims have all been repainted! This home
sits at the end of a cul-de-sac and is in a wonderful neighborhood.
Inside, you'll find a nice open floor plan with tile-wood like
flooring throughout (no carpet). The outside of the home has a low
maintenance desert landscape in the front, fruit trees in the back
and there is plenty of room to add a pool and maybe even a casita!
This would be a great primary residence for someone with
recreational or work vehicles. Plenty of space for an RV! With no
HOA's and this large lot, you could make this home a unique
vacation rental with an outstanding entertainers' backyard or your
own private paradise.
Unit Size
1,288 Ft²
Days on Market
42 days
Land Size
0.30 acres
Price per sqft
$346
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011
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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 #219082534DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2022 | No longer available | - | |
| No longer available | |||
| Sep 14, 2022 | Sold | ||
| Sold | |||
| Aug 23, 2022 | In contract | - | |
| In contract | |||
| Aug 19, 2022 | Price Decreased |
$445,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Aug 4, 2022 | Listed by RE/MAX Consultants | $450,000 | |
| Listed by RE/MAX Consultants | |||
| | |||
|
Amazing lot with tremendous potential! The inside of the home, baseboards, doors and door trims have all been repainted! This home sits at the end of a cul-de-sac and is in a wonderful neighborhood. Inside, you'll find a nice open floor plan with tile-wood like flooring throughout (no carpet). The outside of the home has a low maintenance desert landscape in the front, fruit trees in the back and there is plenty of room to add a pool and maybe even a casita! This would be a great primary residence for someone with recreational or work vehicles. Plenty of space for an RV! With no HOA's and this large lot, you could make this home a unique vacation rental with an outstanding entertainers' backyard or your own private paradise. The manager has listed the unit size as 1288 square feet.
| |||
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Coachella
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Justin Smith, RE/MAX Desert Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219082534DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219082534DA
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