$297,000
●
Condo -
Off Market
54998 Oak Tree #A22
La Quinta, CA 92253
2 Beds
2 Baths
1,330 Ft²
$399,821
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Are you dreaming of a second home with expansive views to watch the
prestigious AMEX 2021 PGA tour live from your patios? Tee life up
from this tastefully updated 2BR, 2BA @1,330SF home perched on 11th
fairway of the world renown TPC Stadium Course. This intelligently
designed Champion 1 open floor plan maximizes fairway & mountain
views. Features: vaulted ceilings w/high windows reflecting natural
light, gently textured walls, garden entry, remodeled kitchen
w/rich colored cabinets & quartz counters opening to front patio
w/BBQ, separation between the two en suite bedrooms for privacy & 3
patios seamlessly incorporating outdoor-indoor living. Generous
master suite w/ample closets, quartz counters in master bath &
private patio is ideal for lingering over a cup of coffee for the
start of a perfect day. This home sublimely complements the
ultimate Southern California Desert lifestyle of legends like Bob
Hope and Jack Nicklaus at a price that allows your dreams to come
true!
Unit Size
1,330 Ft²
Days on Market
88 days
Land Size
0.04 acres
Price per sqft
$225
Property Type
Condo
Property Taxes
-
HOA Dues
$644
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: 5 months ago (CLAW #20609088)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Coldwell Banker Realty | $299,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 4, 2015 | Sold | ||
| Sold | |||
| Apr 15, 2015 | Listed by California Lifestyle Realty | $249,000 | |
| Listed by California Lifestyle Realty | |||
| | |||
|
This fabulous golf course condo is priced to sell. This Champions 1 plan is situated on the 11th fairway of the TPC Stadium Course at PGA West. It features 2 bedrooms, 2 baths, extended ceilings, a spacious kitchen, large courtyard patio and 2 car garage. The home is beautifully furnished and well appointed. Designer paint tones put this home over the top!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Detached Carport, Driveway, Garage, Private, DoorMulti
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, SeparateFormalDiningRoom, Furnished
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Range, Microwave, Oven, Range, Refrigerator, Dryer, Washer, Barbecue
Flooring Type: Carpet, Tile
Laundry Features: Inside
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1330
Security Features: Carbon Monoxide Detector(s), Gated with Guard, Smoke Detector(s)
Property Condition: Updated/Remodeled
Year Built: 1985
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Covered, Patio, See Remarks, Concrete, Open
Pool Features: Association, Community, Fenced, In Ground
Lot Features: Landscaped
Lot Size Area: 1742
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1742
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Insurance, Security, Cable TV, PetRestrictions
HOA Fee: $644
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 |
|---|---|---|---|---|---|---|---|
|
07/24/2020
|
2 Bed
|
2 Bath
|
1330 ft²
|
$299,000
2 Bed
2 Bath
1330 ft²
|
$297,000
-0.67%
10/20/2020
|
Babette Ison
Coldwell Banker Realty
| |
|
04/15/2015
|
2 Bed
|
2 Bath
|
1330 ft²
|
$249,000
2 Bed
2 Bath
1330 ft²
|
$225,000
-9.64%
09/04/2015
|
Cynthia Hein-Sjurset
California Lifestyle Realty
|
Building Info
About PGA West
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Listed by: Babette Ison, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 20609088
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 20609088
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