$325,000
●
Condo -
Off Market
54648 Oak Tree #A101
La Quinta, CA 92253
3 Beds
2 Baths
1,627 Ft²
$590,383
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
What a Deal!!! This turnkey unit is now reduced for some smart
buyer to take advantage of this spectacular home. Located directly
across a beautiful lake and the 11th green of the Stadium Course.
This unit is sure to impress even the fussiest of buyers. With
breathtaking double-wide fairway and mountain views, what is not to
like? this condo offers the ultimate in desert living. This 3 bed/2
bath (or 2 beds and a den) features double-paned windows with
plantation shutters throughout to keep utility bills at a minimum.
The living room boasts a built-in mirrored wet bar as well as a
fireplace. The master bathroom recently remodeled with new tiled
floors. Once again, this unit is turnkey furnished.
Unit Size
1,627 Ft²
Days on Market
546 days
Land Size
0.04 acres
Price per sqft
$215
Property Type
Condo
Property Taxes
-
HOA Dues
$545
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 #215003134DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2018 | Sold | ||
| Sold | |||
| Feb 10, 2018 | Listed by Desert View Real Estate | $475,000 | |
| Listed by Desert View Real Estate | |||
| | |||
|
This gorgeous newly remodeled Champion 3 condo sits on the lake and green of the 11th hole, aptly named Eternity, on the famous Stadium Course at PGA West. Views go on forever. Inside, everything's been done. New kitchen, baths, flooring, furniture and paint that will impress the fussiest buyer. You will be wowed by the attention to detail. Desert living at it's best.
| |||
| Jul 26, 2016 | Sold | ||
| Sold | |||
| Jan 26, 2015 | Listed by R.C. McGill & Associates | $349,000 | |
| Listed by R.C. McGill & Associates | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: One
Interior Features: Wet Bar, Furnished
Appliances: Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Room
Has Fireplace
Living Room, See Through
Exterior Details
Year Built: 1985
Parcel Number: 775081039
Home Type: Residential
Foundation Details: Slab
Roof: Tile
Outdoor Living Structures: Concrete
Spa Features: Community, In Ground
Private Pool
Pool Features: Electric Heat, In Ground
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, Security, Trash
Association Fee: $545
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community
Subdivision: PGA Stadium
Subdivision Name: PGA Stadium
Directions: Enter through Stadium Gate, make a hard left, proceed on Oak Tree, home is on the right hand side. Cross Street: Pete Dye.
Other Details
Listing Terms: 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 |
|---|---|---|---|---|---|---|---|
|
02/10/2018
|
3 Bed
|
2 Bath
|
1627 ft²
|
$475,000
3 Bed
2 Bath
1627 ft²
|
$415,000
-12.63%
04/16/2018
|
Keith Willerton
Desert View Real Estate
| |
|
01/26/2015
|
3 Bed
|
2 Bath
|
1627 ft²
|
$349,000
3 Bed
2 Bath
1627 ft²
|
$325,000
-6.88%
07/26/2016
|
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# 215003134DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215003134DA
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