$465,000
●
Condo -
Off Market
55518 Oak Tree
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,272 Ft²
$886,470
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model
About This Property
Double fairway views over picturesque lake on the 18th of PGA
Stadium course. Pristine condition, high end update, kitchen and
appliances sparkle, special master bath, new flooring, 3 bedrooms
all with private en suite baths,new lighting, wet bar, new gourmet
BBQ grill,granite counters. Here's one with completely updated. New
furnishing stay with few exceptions. Art excluded. The work has
been done for you! 2 car plus golf cart garage. Furnishing per
inventory.
Unit Size
2,272 Ft²
Days on Market
48 days
Land Size
0.07 acres
Price per sqft
$207
Property Type
Condo
Property Taxes
-
HOA Dues
$646
Year Built
1985
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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 #214007726DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2014 | Sold | ||
| Sold | |||
| Mar 1, 2014 | Listed by California Lifestyle Realty | $469,900 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Parking Features: Golf Cart Garage
Has Attached Garage: Yes
Interior Details
Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 1
Levels: One
Interior Features: Breakfast Area, Separate Formal Dining Room, Furnished, Open Floorplan, Recessed Lighting, Atrium, Main Level Primary, Primary Suite, Walk In Closets
Appliances: Dishwasher, Disposal, Ice Maker, Refrigerator, Water Heater
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: French Doors
Laundry Features: Laundry Room
Has Fireplace
Gas, Living Room, Masonry
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1985
Parcel Number: 775231015
Waterfront Features: Waterfront
Home Type: Residential
Architectural Style: Contemporary
Foundation Details: Slab
Roof: Concrete, Tile
Construction Materials: Stucco
Outdoor Living Structures: Covered
Lot Information: Level, On Golf Course, Paved, Sprinklers Timer, Sprinkler System, Waterfront
Lot Size Source: Assessor
Lot Size Acres: 0.07
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
Association Amenities: Clubhouse, Maintenance Grounds, Insurance, Security, Trash
Association Fee: $646
Association Fee Frequency: Monthly
Community Features: Gated
Security Features: Gated Community
Subdivision: PGA Stadium
High School District: Desert Sands Unified
Subdivision Name: PGA Stadium
Directions: Jefferson to PGA West, Enter PGA Stadium gate, immediate right on Oak Tree home on left Cross Street: Pete Dye.
Other Details
Listing Terms: Cash, 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 |
|---|---|---|---|---|---|---|---|
|
03/01/2014
| |
3 Bed
|
4 Bath
|
2272 ft²
|
$469,900
3 Bed
4 Bath
2272 ft²
|
$465,000
-1.04%
04/18/2014
|
Bridget Myers
True West Properties, LLC
|
Building Info
About PGA West
Similar Homes for Sale
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Listed by: Bridget Myers, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 214007726DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 214007726DA
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