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0 N Ave 62 & E Madison St — La Quinta | Belmont Brokerage | Belmont Brokerage

Active

+36 more

$1,151,250

749 DOM

— bd— ba— sqft

Call

0 N Ave 62 & E Madison St La Quinta, CA 92253

9.21acre lot

Well located with breathtaking views of the Santa Rosa Mountains. Adjacent to Trilogy at La Quinta, a 1,200+ home active-adultcommunity. Wonderful open country atmosphere, but close to all conveniences. Just four miles from Empire and El Dorado Polo Fields, home to Coachella and Stagecoach Music Festivals. In an area of many equestrian estates and high-end country clubs,such as Madison Club, Andalusia Country Club, PGA West, The Palms, Hideaway, and many more!

MLS 219108938DA

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Est. payment

$7,356/mo

Principal & interestTaxesInsurance

$5,821$1,199$336

Down %

Rate %

Years

Down payment: $230,250 · Total cost: $2,325,935

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,356/mo

Principal & interest: $5,821
Est. property tax: $1,199
Est. insurance: $336
Down payment: $230,250

Est. gross rent$4,797/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,559/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 25, 2024	$2,072,250	—

Facts & Features

Transaction Data

▼Price Reduced from $2,072,250 (−$921,000)

(760) 360-8200 (Office) (760) 360-8200 (Cell) susan@dppllc.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

0 N Ave 62 & E Madison St, La Quinta, CA 92253

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0 N Ave 62 & E Madison St La Quinta, CA 92253

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Susan Harvey

Sale & Tax History

No Recent Sales History

Location

0 N Ave 62 & E Madison St, La Quinta, CA 92253

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

0 N Ave 62 & E Madison St La Quinta, CA 92253

About this home

Susan Harvey

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Susan Harvey

Sale & Tax History

No Recent Sales History

Location