$500,000
●
House -
Off Market
54745 Oakhill
La Quinta, CA 92253
3 Beds
3 Baths
1,627 Ft²
$638,438
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Absolutely stunning upgraded Champion III condo with 3 Bedrooms and
3 Bathrooms, a rare find with a Champion III. Located on the
8th Hole of the Palmer Private Golf Course with Panoramic Westerly
views of the Majestic Santa Rosa Mountains (they are lit at night)
and Golf Course. The kitchen has been completely remodeled
with quartz counters, beautiful cabinetry and stainless steel
Appliances and opened up to create a spacious Great Room concept.
Ceiling fans have been installed in the Great Room and all
Bedrooms, and all Bathrooms have been remodeled as well as adding
the third Bathroom. There is an A/C and Compressor Unit that
is quite new and also a new Washer/Dryer. This is truly a
beautiful Desert Retreat complete with built-in BBQ and is being
offered Turnkey Furnished.
Unit Size
1,627 Ft²
Days on Market
21 days
Land Size
0.04 acres
Price per sqft
$323
Property Type
House
Property Taxes
-
HOA Dues
$620
Year Built
1985
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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 #219060221DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2021 | Sold | ||
| Sold | |||
| Apr 9, 2021 | Listed by California Lifestyle Realty | $525,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Closing Price
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HOA + Taxes
About PGA West
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Listed by: Lynne Mangan, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060221DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219060221DA
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