$675,000
●
House -
Off Market
55554 Oak Tree
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,031 Ft²
$1,222,579
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Experience a different world when you enter this one of a kind
Legend 40 Plan. Starts when you enter the front gate. The courtyard
is all stone except for that portion which is a designer pool and
spa all done in glass tile. This is just the beginning. Next enter
the home through beautifully sculptured glass door into a panorama
of modern styling. Nothing was spared to achieve the sellers dream
to move from antiquity to a modern look. The furnishings are of the
finist quality in the strict tradition of modern/contemporary
design. Most of the furniture is custom made by Cantoni, a high end
designer. Every wall covering in this home was removed to the studs
in order to gain perfectly straight walls and square corners for
that real modern look. There is so much to tell, the heater floor
in the master bath, the elegant stone counters in the kitchen, the
exceptional design of the guest bathrooms and closet arrangement.
Let's go outside simply put VIEWS, across 2 fairways, 2 lakes,
Unit Size
3,031 Ft²
Days on Market
232 days
Land Size
0.08 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$645
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 #216006070DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2016 | Sold | ||
| Sold | |||
| Feb 17, 2016 | Listed by California Lifestyle Realty | $725,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About PGA West
Similar Homes for Sale
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Listed by: Sal Puglisi, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216006070DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216006070DA
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