Listed by: Brenda McKenney, California Lifestyle Realty
$345,000
●
Condo -
Off Market
55068 Oak Tree #A18
La Quinta, CA 92253
2 Beds
2 Baths
1,549 Ft²
$609,390
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model
About This Property
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.
Unit Size
1,549 Ft²
Days on Market
31 days
Land Size
0.04 acres
Price per sqft
$232
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: 2 years ago (CRMLS #216016780DA)
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 | |||
| Apr 17, 2013 | Sold | ||
| Sold | |||
| Feb 16, 2013 | Listed by California Lifestyle Realty | $347,000 | |
| Listed by California Lifestyle Realty | |||
| | |||
|
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.
| |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Separate Formal Dining Room, Furnished, High Ceilings
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
Flooring Type: Carpet, Stone
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Closet
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1985
Parcel Number: 775161018
Home Type: Residential
Roof: Tile
Window Features: Shutters
Outdoor Living Structures: Concrete
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Electric Heat, In Ground
Lot Information: On Golf Course, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.04
Utilities Details
Cooling Type: Central Air
Utilities: Cable Available
Location Details
Association Amenities: Controlled Access, Maintenance Grounds, Security, Cable Tv
Association Fee: $545
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Stadium
Subdivision Name: PGA Stadium
Directions: Go South on Jefferson and follow to end which is PGA West, go straight to Stadium Gate which is on the left. Turn left into gate and make an immediate left on Oak Tree. Unit is on right side. Cross Street: Pete Dye.
Other Details
Listing Terms: Cash, 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 |
|---|---|---|---|---|---|---|---|
|
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: Brenda McKenney, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216016780DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216016780DA
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