Listed by: Glenn Cassell, Hideaway Properties Corp.
$6,600,000
●
House -
Off Market
52340 Ross Avenue
La Quinta, CA 92253
5 Beds
6 Baths,
1
Half Bath
7,353 Ft²
$11,104,703
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
NEW CONSTRUCTION!! This 5 bedroom, 5.5 bath home at The Madison
Club and is truly one-of-a-kind. The home is sleek, modern and
sophisticated in every way with quartz counters, Portuguese
limestone floors, glass wine cellar and welcoming living spaces.
The outdoor living boasts breathtaking mountain and golf course
views while you enjoy the separate fireplace, zero-edge infinity
pool, tanning deck and spacious spa with its own fire feature. Each
room of this home is generously appointed in soft neutral tones.
This is the Ultimate Modern Desert Home overlooking the 3rd hole of
the beautiful Tom Fazio golf course! Offered furnished per
inventory.
Unit Size
7,353 Ft²
Days on Market
281 days
Land Size
0.64 acres
Price per sqft
$993
Property Type
House
Property Taxes
-
HOA Dues
$1,240
Year Built
2017
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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: 2 years ago (CRMLS #218008532DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Mar 12, 2018 | Listed by Hideaway Properties Corp. | $7,299,000 | |
| Listed by Hideaway Properties Corp. | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Country Club of the Desert
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Listed by: Glenn Cassell, Hideaway Properties Corp.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218008532DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218008532DA
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