$1,150,000
●
House -
Off Market
56435 Mountain View Drive
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,370 Ft²
$1,971,472
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
This Ventana sits on one of the most gorgeous West facing,
elevated, over-sized, Fairway (14th of the Nick Tournament), VIEW
lots in this area of PGA West. The Saltwater Pool with raised Spa
perches above the Fairway, and the outdoor dining spaces and Fire
pit add to the indoor/outdoor entertainment venue, which this ever
popular floor plan is known for! It's very Rare to find a Grassy,
large, side yard on a golf course property; a great place for pets,
children, or a friendly game of volleyball. Along with the 3
ensuite bedrooms in the main house, one of the Bonus rooms has been
set up as a 4th sleeping quarters. The large, private Casita offers
a 5th bedroom. Floor to ceiling Stacked Stone fireplace surround,
stacked stone accents on the Wet bar, and custom stone in the
formal dining room. Plantation shutters throughout plus cooling
ceiling fans. Offered Turnkey furnished. Lease Financials
available.
Unit Size
4,370 Ft²
Days on Market
228 days
Land Size
0.36 acres
Price per sqft
$297
Property Type
House
Property Taxes
-
HOA Dues
$366
Year Built
2004
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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 #218009552DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2018 | Sold | ||
| Sold | |||
| Mar 24, 2018 | Listed by HK Lane Real Estate | $1,299,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
Garage
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
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
Currently no similar homes aroundNearby Rentals
Listed by: Kim Kelly, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218009552DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218009552DA
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