Listed by: Gregory Gard, California Lifestyle Realty
$2,000,000
●
House -
Off Market
55615 Royal St George
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,716 Ft²
$2,671,281
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
A definite GEM property with magical panoramic mountain views!!
The seller of this magnificent home is the original owner
(who also had the FIRST lot choice in ALL of the Norman
Development). This exquisite Casa de La Montana floor plan,
consisting of 4,716 sqft of an entertainer's dream, and located on
the 9th Hole of the Greg Norman Golf Course; one of the six world
famous golf courses at PGA WEST (host to the AMEX PGA Tour Event).
Pride of ownership is evident when you view this property;
the owner has recently painted the property, refinished the pool &
back patio decking, and recently purchased all new AC units.
This home is being offered turnkey furnished per inventory.
A PGA WEST Premier Membership is available.
Unit Size
4,716 Ft²
Days on Market
40 days
Land Size
0.43 acres
Price per sqft
$445
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 #219055494DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2021 | Sold | ||
| Sold | |||
| Jan 10, 2021 | Listed by California Lifestyle Realty | $2,100,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
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
Beds
Baths
ft²
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Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Norman Course
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Listed by: Gregory Gard, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219055494DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219055494DA
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