$1,100,000
●
House -
Off Market
56495 Mountain View Drive
La Quinta, CA 92253
4 Beds
4 Baths,
1
Half Bath
4,132 Ft²
$1,814,719
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
This spectacular PGA West home offers stunning Western Santa Rosa
Mountain views and overlooks the 13th hole of the Nicklaus
Tournament Course w/ 4132 sq ft, 4bdrms, 4.5baths including a
spacious 2-room detached casita. The estate sized lot offers plenty
of entertaining space in the courtyard, as well as a covered
outdoor seating and fireplace. There are so many amenities
including chef's granite island kitchen with stainless appliances,
custom walk in bar, and an open floorplan w/ walls of glass
everywhere to enhance the amazing views. The great room opens up to
the furnished patio including a television and firepit to enjoy on
balmy evenings. Enjoy outdoor entertaining in the backyard w/
pool/spa and outdoor fire pit to enjoy the forever views. Offered
furnished per inventory.
Unit Size
4,132 Ft²
Days on Market
279 days
Land Size
0.38 acres
Price per sqft
$300
Property Type
House
Property Taxes
-
HOA Dues
$475
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: 4 months ago (CRMLS #219001797DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2019 | Sold | ||
| Sold | |||
| Jan 15, 2019 | Listed by Compass | $1,239,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
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
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Listed by: Sandi Phillips, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219001797DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219001797DA
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