$635,000
●
House -
Off Market
56245 Riviera
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
2,986 Ft²
$1,011,270
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Overlooking the second tee of the Nicklaus Private Course in PGA
West with beautiful western mountain views, this stunning Highland
3 plan features 4 bdrm, 4.5 baths w/ approx 2,986 sq. ft. This
gorgeous home has been extensively remodeled with Granite,
porcelain tile diamond flooring, baseboards, upgraded doors, &
plantation shutters throughout. The chef's gourmet kitchen features
reconditioned cabinets, granite counters, and a custom window to
enjoy the mountain views. This award- winning design boasts vaulted
ceilings and a Great Room concept in the kitchen/family room, along
with a wonderful master suite, and a detached casita for guests.
Offered furnished per inventory.
Unit Size
2,986 Ft²
Days on Market
36 days
Land Size
0.07 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
$735
Year Built
1990
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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: 2 years ago (CRMLS #218007036DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2018 | Sold | ||
| Sold | |||
| Feb 28, 2018 | Listed by HK Lane Real Estate | $659,000 | |
| Listed by HK Lane Real Estate | |||
| Oct 24, 2016 | Sold | ||
| Sold | |||
| Jan 28, 2016 | Listed by California Lifestyle Realty | $549,000 | |
| Listed by California Lifestyle Realty | |||
| | |||
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Open the gate and enter into your very private, natural and lush courtyard and experience the heavenly scents from the fragrant flowers within! This detached Highlands 3 home, located in the gated desert resort community of PGA WEST offers an incomparable value of over 2900 square feet with 4 bedrooms, 4.5 baths including a separate guest house located off the entry patio!The award winning design of vaulted ceilings and Great Room concept in the kitchen/family room further enhance the many fine qualities you will soon discover when you tour this home. Enjoy the West mountain views.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About PGA West
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Listed by: Sandi Phillips, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218007036DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218007036DA
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