$504,000
●
Condo -
Off Market
55276 Firestone
La Quinta, CA 92253
2 Beds
3 Baths,
1
Half Bath
1,492 Ft²
$3,258
Est. Monthly
$734
HOA / Fees
7.62%
Cap Rate
About This Property
Enjoy serene lake and mountain views from this wonderful condo. A
recent remodel included all 3 baths, the kitchen and new flooring
throughout. Over $23,000 was spent on new triple paned sliding
patio doors. Trendy furniture and stainless steel appliances
are included. Gorgeous stacked stone fireplace compliments
the surroundings. This is a great floor plan with flex space on the
ground floor for a home office, separate TV room or a separate
dining room. A/C was replaced a few years ago. Entertain your
friends and family with 3 outdoor patio spaces and a built-in BBQ.
Private drive, built-ins in the garage and the golf cart might even
be included! The HOA includes painting, roof, earthquake
insurance, cable, internet, trash, security and landscaping. Ask me
about all that PGA West has to offer with 6 golf courses,
pickleball, tennis and more!
Unit Size
1,492 Ft²
Days on Market
56 days
Land Size
0.07 acres
Price per sqft
$345
Property Type
Condo
Property Taxes
-
HOA Dues
$734
Year Built
1988
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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: 3 years ago (CRMLS #219106615DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 5, 2024 | Listed by Compass | $514,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 4
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Interior Features: Furnished
Living Area Square Feet Source: Assessor
Has Fireplace
Gas, Living Room
Exterior Details
Year Built: 1988
Parcel Number: 775151047
Home Type: Residential
Spa Features: Community, In Ground
Private Pool
Pool Features: Community, In Ground
Lot Information: Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.07
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Amenities: Controlled Access, Maintenance Grounds, Management
Association Fee: $734
Association Fee Frequency: Monthly
Community Features: Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Palmer Private
Subdivision Name: PGA Palmer Private
Directions: Enter Palmer gate. Turn right on Firestone, home will be on right just before pool. Cross Street: Arnold Palmer.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
02/05/2024
| |
2 Bed
|
3 Bath
|
1492 ft²
|
$514,000
2 Bed
3 Bath
1492 ft²
|
$504,000
-1.95%
04/05/2024
|
Becky King
Compass
|
|
04/07/2023
| |
2 Bed
|
2.5 Bath
|
1492 ft²
|
$524,900
2 Bed
2.5 Bath
1492 ft²
|
-
-
|
Becky King
Compass
|
|
01/20/2022
| |
2 Bed
|
2 Bath
|
1492 ft²
|
$476,000
2 Bed
2 Bath
1492 ft²
|
$475,000
-0.21%
02/16/2022
|
Patrick Adamson
HomeSmart
|
Building Info
About PGA West
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Listed by: Becky King, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219106615DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219106615DA
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