Listed by: Glenn Cassell, Madison Club Properties
$8,500,000
●
House -
Off Market
53485 Humboldt Boulevard
La Quinta, CA 92253
6 Beds
9 Baths,
3
Half Baths
10,290 Ft²
$13,858,550
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Best View In The Desert! This spectacular home located on an
elevated lot within The Madison Club showcases the highest level of
quality in every detail. From the custom furniture and custom
infrared sauna to the grand master suite and theater with
performance stage, no detail has been overlooked. Incorporating
European traditional and modern design, sleek and organic materials
are blended seamlessly inside and out. This 10,290 sq. ft. home is
situated above the 15th fairway of the Tom Fazio designed golf
course and offers breathtaking panoramic golf course and mountain
views. Offered furnished per inventory. Artwork excluded from the
sale.
Unit Size
10,290 Ft²
Days on Market
49 days
Land Size
0.85 acres
Price per sqft
$971
Property Type
House
Property Taxes
-
HOA Dues
$1,299
Year Built
2014
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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 #219043478DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2021 | No longer available | - | |
| No longer available | |||
| May 28, 2021 | Listed by Madison Club Properties | $15,950,000 | |
| Listed by Madison Club Properties | |||
| | |||
|
This spectacular one-of-a-kind home located on an elevated lot within The Madison Club has gone through a multimillion dollar renovation showcasing the highest level of quality in every detail. This unbelievable transformation features unique interior design from the grand master suite and large in home theater complete with performance stage to the exquisitely appointed guest rooms and entertaining spaces. The owner has spared no expense. This gorgeous newly renovated home is situated above the 15th fairway of the Tom Fazio designed golf course and offers breathtaking panoramic golf course and western mountain views. The manager has listed the unit size as 10290 square feet.
| |||
| Jul 13, 2020 | Sold | ||
| Sold | |||
| May 25, 2020 | Listed by Madison Club Properties | $9,995,000 | |
| Listed by Madison Club Properties | |||
| Jun 6, 2019 | No longer available | - | |
| No longer available | |||
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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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HOA + Taxes
About Country Club of the Desert
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Listed by: Glenn Cassell, Madison Club Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219043478DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219043478DA
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