Listed by: Marshall Harris, California Lifestyle Realty
$347,000
●
Condo -
Off Market
55068 Oak Tree #A18
La Quinta, CA 92253
2 Beds
2 Baths
1,549 Ft²
$700,653
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model
About This Property
Don't miss this one! Totally remodeled and upgraded 1550 sq.ft.
Champion II model. 2BR/2BA with day room. Starting at the private
entry patio, tiled & decorated for those quiet outdoor evenings and
relaxation. Glass entry door enters to travertine flooring and
upgraded kitchen, Thermador stainless appliances, Bosch washer,
custom exhaust hood, granite tops-back splashes & glass windowed
cabinetry. Living room features high ceilings, custom wall colors,
patterned travertine flooring & Pottery Barn fine furniture &
accessories. Each bedroom and bath are remodeled in woven floor
coverings, tile in the baths & tops, upgraded cabinets & hardware.
Designer wall colors throughout. Morning room has Plantation
shutters to add additional sleeping area or office. Rear patio
faces double fairway Stadium course and is shaded in the afternoon.
Home features surround sound, lots of room for large flat screens,
is turnkey furnished and ready to move in. You will not find a
better model at PGA West.
Unit Size
1,549 Ft²
Days on Market
60 days
Land Size
0.04 acres
Price per sqft
$224
Property Type
Condo
Property Taxes
-
HOA Dues
$500
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 #21471042DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2016 | Sold | ||
| Sold | |||
| May 28, 2016 | Listed by California Lifestyle Realty | $359,000 | |
| Listed by California Lifestyle Realty | |||
| | |||
|
Beautifully remodeled condo in one of the best locations in PGA West, the 11th Fairway of Stadium Course with forever Golf Course and Mtn views and no homes across. This turnkey furnished 2 bedroom condo can easily provide 3 separate sleeping areas by closing the folding shutters in the den where currently there is a sleeper sofa. Upgrades include tiled patios (front and back) Travertine floors with accent patterns, Glass front entry door, Stunning kitchen with slab granite and custom cabinets with frosted glass doors and SS appliances and custom exhaust hood, Plantation Shutters throughout, newer carpet in bedrooms, Completely remodeled bathrooms with custom cabinetry and granite, new A/C and newer Water Heater. Whether you just want to lounge in your Hammock and get away from it all, or if your looking for a perfect rental unit, this condo coined the phrase, you can have it all! Excellent rental history with 13 5 star reviews. Call for details on rental history and reviews.
| |||
| Apr 17, 2013 | Sold | ||
| Sold | |||
| Feb 16, 2013 | Listed by California Lifestyle Realty | $347,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Air Conditioning
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Breakfast Area, Furnished, Main Level Primary, Walk In Closets
Appliances: Dishwasher, Electric Cooking, Disposal, Refrigerator, Vented Exhaust Fan, Water To Refrigerator, Water Heater
Flooring Type: Carpet, Stone
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Closet
Exterior Details
Year Built: 1985
Parcel Number: 775161018
Home Type: Residential
Architectural Style: Mediterranean
Foundation Details: Slab
Roof: Tile
Construction Materials: Stucco
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Electric Heat, In Ground
Lot Information: Level, Sprinklers Timer
Lot Size Source: Assessor
Lot Size Acres: 0.04
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Golf Course, Maintenance Grounds, Insurance, Security, Trash, Cable Tv
Association Fee: $500
Community Features: Gated
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Stadium
High School District: Desert Sands Unified
Subdivision Name: PGA Stadium
Directions: PGA West Blvd. to Stadium gate, turn immediately left once inside gate to home on right. Cross Street: Pete Dye.
Other Details
Listing Terms: Cash, CashToNewLoan
Comparables
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Type
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ft²
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2016
|
2 Bed
|
2 Bath
|
1549 ft²
|
$359,000
2 Bed
2 Bath
1549 ft²
|
$345,000
-3.90%
06/28/2016
|
Brenda McKenney
Compass
| |
|
02/16/2013
|
2 Bed
|
2 Bath
|
1549 ft²
|
$347,000
2 Bed
2 Bath
1549 ft²
|
$347,000
04/17/2013
|
Marshall Harris
Berkshire Hathaway HomeServices California Properties
|
Building Info
About PGA West
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Listed by: Marshall Harris, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21471042DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21471042DA
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