$850,000
●
Condo -
Off Market
55155 Firestone
La Quinta, CA 92253
2 Beds
3 Baths,
1
Half Bath
2,596 Ft²
$5,197
Est. Monthly
$900
HOA / Fees
3.38%
Cap Rate
About This Property
FOR MLS Purposes only
Unit Size
2,596 Ft²
Days on Market
81 days
Land Size
0.07 acres
Price per sqft
$337
Property Type
Condo
Property Taxes
-
HOA Dues
$900
Year Built
1989
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Cap Rate Calculator
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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 #219125095DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | Listed by Compass | $875,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Golf Cart Garage, On Street
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Flooring Type: Carpet, Tile
Has Fireplace
Fireplace Features: Family Room, Gas
Exterior Details
Has Property Attached
Square Footage: 2596
Square Footage Source: $0
Security Features: Gated Community, 24 Hour Security
Year Built Source: Assessor
Year Built: 1989
Levels: One
Lot Features: DripIrrigationBubblers, PlannedUnitDevelopment, SprinklersTimer, SprinklerSystem
Lot Size Area: 3049
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3049
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Fireplace(s)
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds
HOA Fee: $900
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
02/16/2025
| |
2 Bed
|
3 Bath
|
2596 ft²
|
$875,000
2 Bed
3 Bath
2596 ft²
|
$850,000
-2.86%
05/12/2025
|
Rick Parnell
Windermere Real Estate
|
|
10/31/2019
| |
3 Bed
|
3 Bath
|
2596 ft²
|
$519,000
3 Bed
3 Bath
2596 ft²
|
$519,000
07/17/2020
|
Rick Parnell
Windermere Homes & Estates
|
|
03/27/2019
| |
3 Bed
|
4 Bath
|
2596 ft²
|
$525,000
3 Bed
4 Bath
2596 ft²
|
-
-
|
-
|
Building Info
About PGA West
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Listed by: Rick Parnell, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219125095DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219125095DA
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