Listed by: Anne Stark, Berkshire Hathaway HomeServices California Properties
$2,000,000
●
Condo -
Off Market
55850 Pinehurst
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,276 Ft²
$2,432,145
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
This is truly an amazing home in one of the most desirable
locations in PGA West : Lake view, Golf Course view and an
incredible Mountain Views. The Best of the Best, on the 10th hole
of the Palmer Private course. When Style meets Luxury and Class, it
just gives an amazing feel for this beautiful home. This designer
furnished home features 4 on-suite Bedrooms, Gourmet Kitchen,
Beautiful Entertainers Bar, and an exceptional outdoor space with
newer pool (2019), fireplace and built-in BBQ featuring the
Southern Exposure! It does not get better than this.Offered
Turnkey Furnished.
Unit Size
4,276 Ft²
Days on Market
27 days
Land Size
0.19 acres
Price per sqft
$468
Property Type
Condo
Property Taxes
-
HOA Dues
$891
Year Built
1987
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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 #219058427DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2021 | Sold | ||
| Sold | |||
| Mar 6, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $2,000,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Garage, Golf Cart Garage, Garage Door Opener
Garage Spaces: 3
Garage Spaces: 3
Has Attached Garage: Yes
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 4
Full Bathrooms: 1
Half Bathrooms: 1
Levels: One
Interior Features: Separate Formal Dining Room, Furnished
Flooring Type: Carpet, Tile, Wood
Living Area Square Feet Source: Assessor
Doors: French Doors, Sliding Doors
Laundry Features: Laundry Room
Has Fireplace
Gas, Living Room, Primary Bedroom, Outside
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1987
Parcel Number: 775241015
Home Type: Residential
Window Features: Blinds, Screens, Shutters
Spa Features: Community, In Ground
Private Pool
Pool Features: Electric Heat, In Ground, Private, Salt Water
Lot Information: Planned Unit Development, Sprinklers Timer, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.19
Utilities Details
Heating Type: Forced Air, Fireplaces
Utilities: Cable Available
Location Details
Association Amenities: Maintenance Grounds, Management, Pet Restrictions
Association Fee: $891
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Palmer Private
Subdivision Name: PGA Palmer Private
Directions: Jefferson to PGA West Blvd, enter the Palmer Gate. Turn left on Pinehurst. Home is on the left side. Cross Street: Arnold Palmer.
Other Details
Listing Terms: Cash, CashToNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
03/06/2021
| |
4 Bed
|
5 Bath
|
4276 ft²
|
$2,000,000
4 Bed
5 Bath
4276 ft²
|
$2,000,000
04/02/2021
|
Anne Stark
Berkshire Hathaway HomeServices California Properties
|
|
11/29/2013
| |
4 Bed
|
4 Bath
|
4276 ft²
|
$1,800,000
4 Bed
4 Bath
4276 ft²
|
$1,575,000
-12.50%
02/18/2014
|
Danita Conley
My Home Group Real Estate Inc.
|
Building Info
About PGA West
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Listed by: Anne Stark, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058427DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058427DA
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