$285,000
●
Condo -
Off Market
54564 Oak Tree
La Quinta, CA 92253
2 Beds
2 Baths
1,549 Ft²
$615,290
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model
About This Property
This is a fantastic Champion 2 unit that has been completely
redone. With chiseled edge designer travertine tile, custom paint
and plantation shutters throughout, this unit is beautiful! The
kitchen has been remodeled with rich wood cabinetry, granite
counters and stainless steel appliances. New built-in entertainment
centers have been installed in the Great Room, Sitting Room the
Master Bedroom. The secondary bedroom has custom made built-ins for
a dual desk and storage. The view from the patio is spectacular as
you overlook a lake to an amazing golf course view. This unit is
being offered turnkey furnished, per inventory
Unit Size
1,549 Ft²
Days on Market
31 days
Land Size
0.04 acres
Price per sqft
$193
Property Type
Condo
Property Taxes
-
HOA Dues
-
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 #21471443DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2013 | Sold | ||
| Sold | |||
| Feb 25, 2013 | Listed by R.C. McGill & Associates | $299,000 | |
| Listed by R.C. McGill & Associates | |||
Property Highlights
Air Conditioning
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Builtin Features, Cathedral Ceilings, Furnished
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Exterior Details
Year Built: 1985
Parcel Number: 775081045
Home Type: Residential
Roof: Concrete, Tile
Outdoor Living Structures: Covered
Spa Features: Community
Private Pool
Lot Information: On Golf Course
Lot Size Source: Assessor
Lot Size Acres: 0.04
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Amenities: Maintenance Grounds
Community Features: Gated
Security Features: Gated Community
Subdivision: PGA Stadium
High School District: Desert Sands Unified
Subdivision Name: PGA Stadium
Directions: Pga West Blvd to Stadium Gate. Once in gate take first left onto Oak Tree. Cross Street: PGA West Blvd.
Other Details
Listing Terms: Cash, CashtoNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
01/17/2016
|
2 Bed
|
2 Bath
|
1549 ft²
|
$350,000
2 Bed
2 Bath
1549 ft²
|
$335,000
-4.29%
06/17/2016
|
Janine Stevens
Bennion Deville Homes
| |
|
02/25/2013
| |
2 Bed
|
2 Bath
|
1549 ft²
|
$299,000
2 Bed
2 Bath
1549 ft²
|
$285,000
-4.68%
03/29/2013
|
Richard McGill
R.C. McGill & Associates
|
Building Info
About PGA West
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Listed by: Richard McGill, R.C. McGill & Associates
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21471443DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21471443DA
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