$1,450,000
●
House -
Off Market
54400 Riviera
La Quinta, CA 92253
5 Beds
5 Baths
3,880 Ft²
$1,710,940
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
PRICED TO SELL THIS WEEKEND...Nestled against the beautiful Santa
Rosa mountains is this newly remodeled five bedroom home in the
world famous PGA West country club. Priced to sell! This beautiful
home has two great rooms that sit between a newly designed dining
room all with fairway, water and green views. Accordion doors in
both great rooms create an amazing atmosphere for indoor and
outdoor living. Whether you're a member or not, PGA West has three
semi private golf courses that any resident and their guests can
play on. House is furnished per inventory. This home is a must see
and will not last.
Unit Size
3,880 Ft²
Days on Market
78 days
Land Size
0.20 acres
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
$819
Year Built
1990
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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 #219062520DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2021 | Sold | ||
| Sold | |||
| May 24, 2021 | Listed by Keller Williams Luxury Homes | $1,495,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Mar 1, 2021 | Sold | ||
| Sold | |||
| Jan 2, 2021 | Listed by Keller Williams Luxury Homes | $1,150,000 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
Looking for a great investment rental income? This home has consistently produced six figure yearly rental income. With vaulted ceilings, and an open floor plan, it provides a feeling of enjoyment and relaxation. Accordion doors open two living room walls to backyard, pool, and spa. The kitchen has a big kitchen island ideal for entertainment. There are 4 spacious bedrooms, all with king beds, and room to spare. A coveted lot location enhances safety from errant golf balls. Additionally, there is an outstanding community pool and spa across the street at the base of the mountains. Fully furnished, with a generous supply of all you need. Situated on the Arnold Palmer Private golf course at PGA West, and tucked up against the mountains, it is a luxurious, resort style experience. Call for a private showing.
| |||
| Oct 3, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About PGA West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Signe Beck, Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219062520DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219062520DA
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