Listed by: Laura Lapides, Berkshire Hathaway HomeServices California Properties
$1,049,000
●
House -
Off Market
56175 Platinum Way
La Quinta, CA 92253
3 Beds
4 Baths
2,556 Ft²
$1,189,284
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Former Model, highly coveted contemporary home is located behind
the gates of the Signature PGA West Gate. 3 bedroom 4 bath home
overlooks entertainers dream yard with a full outdoor kitchen, fire
pit and many seating areas with magnificent mountain views. Great
room features sliding doors, creating a cohesive and relaxing
indoor/outdoor space. Chefs kitchen boasts open concept w/butlers
pantry & bar-top seating. The open layout is welcoming and boasts
exceptional western mountain views. The Club house which is steps
away has Olympic freestyle pool, gym, Bocce ball and outdoor
kitchen and BBQ's. Nothing but the finest finishes adorn this
stunning home, encompassing a courtyard entry complete with private
casita and fountain. Enjoy the Five Golf Courses at PGA.
Unit Size
2,556 Ft²
Days on Market
18 days
Land Size
0.18 acres
Price per sqft
$403
Property Type
House
Property Taxes
-
HOA Dues
$406
Year Built
2015
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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 #219064471DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $1,029,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About PGA West
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Listed by: Laura Lapides, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219064471DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219064471DA
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