$625,000
●
House -
Off Market
54886 Tanglewood
La Quinta, CA 92253
3 Beds
3 Baths
2,400 Ft²
$888,959
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Possibly the nicest Spyglass model Tournament home in PGA West,
ever! Enhanced with all the 'todays' colors, styles,
furnishings, fixtures and accessories. Kitchen counter
seating, dining area is part of great room plan, center wet bar
with wine cooler, glass bead fireplace, large flat screen TV's
throughout, lovely pool and hot tub with lots of space for relaxing
chairs or lounges, firepit for those evening sit-arounds,
overlooking #2 green of the Palmer Private course, separate entry
casita, large two-car garage and golf cart garage. None
better no matter how you look at it. Home is sold furnished
per inventory. This home is move in ready. No more
looking.
Unit Size
2,400 Ft²
Days on Market
36 days
Land Size
0.07 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
$695
Year Built
2002
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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: 4 months ago (CRMLS #219045157DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Price Decreased |
$1,179,000
↓ $120K
(9.2%) | |
| Price Decreased | |||
| Nov 15, 2024 | Listed by Compass | $1,299,000 | |
| Listed by Compass | |||
| | |||
|
Elegantly furnished luxury home within the PGA West Palmer Gate. Located just off the 2nd green of the Palmer Private Course this beautiful home has many features including a remodeled kitchen with stone counters, upgraded cabinetry, stainless steel appliances, center island and breakfast bar. The kitchen is stocked with glassware, China, pots, pans and anything you might need to cook a gourmet meal. The adjacent dining area is part of great room with wet bar and wine cooler plus a striking fireplace with glass bead accents. All the bathrooms have been remodeled. As an extra bonus there are extra large flat screen smart TV's throughout and the luxurious Master bedroom has a remote office set up (desk, WIFI printer, shredder). Outside is an entertainers dream with pebble tech pool and hot tub with lots of space for relaxing and fun. There is a custom barbeque area and firepit for those evening sit-arounds, overlooking the course and mountains in the distance. The home is move-in ready.
| |||
| Aug 3, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About PGA West
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Listed by: Marshall Harris, California Lifestyle Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219045157DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219045157DA
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