Listed by: Sandi Phillips and Asso..., Compass
$1,830,000
●
House -
Off Market
55490 Royal St George
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
5,290 Ft²
$2,568,256
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Incredible Renovation of this beautifully appointed 4 bdrm, 4.5 Ba
home on the 16th Green of the Greg Norman Course. Upon entering the
home you will be met with a view that will take your breath away
with the stunning Sunrises over the mountains in the back
drop and expansive lake view. An extensive remodel completed in
2013 added an additional 500 sq ft in the living room and included
pocket doors that open the entire length of the living area
wall, a custom steel topped Bar, new roof, refrigerated wine room,
computerized Creston Lighting system, all new kitchen with Viking
appliances including professional range, fridge/freezer, 2 Bosch
dishwashers, warming drawer, trash compactor, Custom light
fixtures throughout, new exterior voltage lighting, custom
cabinetry in the office with partners desk and add'l cabinetry,
state of the art sound and entertainment systems, epoxy
garage floors, and tinted windows, mister system on rear patio and
courtyard fountain.
Unit Size
5,290 Ft²
Days on Market
143 days
Land Size
0.39 acres
Price per sqft
$354
Property Type
House
Property Taxes
-
HOA Dues
$582
Year Built
2000
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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 #219041352DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Mar 30, 2020 | Listed by Compass | $1,875,000 | |
| Listed by Compass | |||
Property Highlights
Air Conditioning
Garage
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Norman Course
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Listed by: Sandi Phillips and Asso..., Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219041352DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219041352DA
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