$7,700,000
●
House -
Off Market
52687 ROSS Avenue
La Quinta, CA 92253
5 Beds
5 Baths,
1
Half Bath
7,667 Ft²
$11,510,613
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Stunning architectural home on prestigious Ross Avenue perfectly
situated on the 5th fairway of the Tom Fazio designed golf course
in the exclusive Madison Club. Magnificent views of the Santa Rosa
mountains and course with no homes in site. Wonderful open living
space w/ large family rm open to the kitchen with bar seating,
indoor and outdoor breakfast rms, formal dining overlooking the
pool and views and a state-of-the-art theater. Private master
suite, 2 additional guest suites and a separate two-bedroom guest
casita. Sliding walls of glass open the main living area to
the fabulous deck overlooking the course w/ a custom infinity edge
pool and spa, barbecue kitchen, and outdoor fireplace. Simple
timeless and elegant 2016 build designed with warm and
sophistication.
Unit Size
7,667 Ft²
Days on Market
41 days
Land Size
-
Price per sqft
$1,030
Property Type
House
Property Taxes
-
HOA Dues
$1,299
Year Built
2016
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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: 4 months ago (CLAW #19536916)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 23, 2020 | Sold | ||
| Sold | |||
| Dec 13, 2019 | Listed by Compass | $7,900,000 | |
| Listed by Compass | |||
| Oct 3, 2019 | No longer available | - | |
| No longer available | |||
| Oct 1, 2018 | Listed | $8,750,500 | |
| Listed | |||
| | |||
|
This beautiful Custom Home at the Madison Club features 5 bedrooms plus office, 5.5 bathrooms, state of the art theater and wine room. The dramatic courtyard entry showcases an over-sized glass entry door into an expansive great room showcasing sliding walls of glass and hand chiseled stone throughout. The amazing kitchen displays the finest cabinetry along with premium appliances and morning room. The luxurious master suite has a fire place and spa inspired bathroom complete with separate his and her closets. The spacious casita offers a comfortable living space and two guest suites each with private patios. The amazing outdoor living area overlooks water views and the 5th fairway of the Tom Fazio Course. Magnificent views of the Santa Rosa Mountain range surround the outdoor fireplace, cook center, fire pit and custom infinity edge pool and spa. Offered furnished per seller's inventory. The manager has listed the unit size as 7667 square feet.
| |||
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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ft²
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HOA + Taxes
About Country Club of the Desert
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Listed by: Ginger Glass, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19536916
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 19536916
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