Listed by: Craig Chorpenning, Desert Sotheby's International Realty
$445,000
●
Condo -
Off Market
54228 Oak Tree
La Quinta, CA 92253
3 Beds
2 Baths
1,627 Ft²
$486,429
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Turnkey Champion III with stunning South East golf course and
mountain views. This home is sited on the PGA West Stadium Course,
where you are able to watch the pros play right in your own
backyard. Enter this home and find towering ceilings and a perfect
kitchen with bar top. The home features an oversized suite with
more than enough storage space and a dual sink vanity. The two
guest suites are more than ample and share a perfect bathroom.
Just a few doors down from one of the many community pools
and spas. Don't miss this opportunity, because it won't last long!
Unit Size
1,627 Ft²
Days on Market
44 days
Land Size
0.04 acres
Price per sqft
$246
Property Type
Condo
Property Taxes
-
HOA Dues
$615
Year Built
-
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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 #219057457PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2021 | Sold | ||
| Sold | |||
| Feb 16, 2021 | Listed by Desert Sotheby's International Realty | $400,000 | |
| Listed by Desert Sotheby's International Realty | |||
Property Highlights
With View
Fireplace
Parking Details
Has Garage
Parking Features: Golf Cart Garage
Garage Spaces: 2
Open Parking Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 4
Interior Details
Bedrooms: 3
Full Bathrooms: 1
Levels: One
Appliances: Dishwasher, Gas Cooking, Refrigerator
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Has Fireplace
Gas, Great Room
Exterior Details
Year Built: 1985
Parcel Number: 775081004
Home Type: Residential
Foundation Details: Slab, SeeRemarks
Roof: Tile
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Private Pool
Pool Features: Community, In Ground
Lot Information: Drip Irrigation Bubblers, On Golf Course, Planned Unit Development, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.04
Utilities Details
Heating Type: Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Controlled Access
Association Fee: $615
Association Fee Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Stadium
Elementary School: Benjamin Franklin
Middle or Junior School: La Quinta
High School: La Quinta
High School District: Desert Sands Unified
Subdivision Name: PGA Stadium
Directions: PGA West Blvd to the Stadium Residential Gate. Make an immediate Left after entering the Gate and you will be on Oak Tree. Cross Street: Ave 54/ PGA Blvd..
Other Details
Listing Terms: Cash, Conventional, FHA
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/16/2021
| |
3 Bed
|
2 Bath
|
1627 ft²
|
$400,000
3 Bed
2 Bath
1627 ft²
|
$445,000
+11.25%
04/01/2021
|
Craig Chorpenning
Desert Sotheby's International Realty
|
Building Info
About PGA West
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Listed by: Craig Chorpenning, Desert Sotheby's International Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057457PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057457PS
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