Listed by: Bergsma and Triscari Group, Desert Sotheby's International Realty
$470,000
●
House -
Off Market
56525 Riviera
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
2,353 Ft²
$961,401
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
A great opportunity to own one of PGA West's most popular floor
plans with sought-after southern exposure and dramatic views of
mountains and lush fairway. Multiple glass doors in the great room,
dining and master open to a covered patio and private pool
perfectly positioned to savor desert life on the renown Jack
Nicklaus Private Course. PGA West offers 6 Golf courses, 3
clubhouses & tennis facility with clay & grass courts! Both Public
and private golf is available at PGA West as are a number of social
and fitness membership options in addition to public access to
Clubhouses with restaurants. One of the best locations available.
Unit Size
2,353 Ft²
Days on Market
341 days
Land Size
0.10 acres
Price per sqft
$253
Property Type
House
Property Taxes
-
HOA Dues
$760
Year Built
1990
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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 #216016664DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 26, 2023 | No longer available | - | |
| No longer available | |||
| Apr 23, 2023 | In contract | - | |
| In contract | |||
| Apr 20, 2023 | Price Decreased |
$1,295,000
↓ $55K
(4%) | |
| Price Decreased | |||
| Mar 11, 2023 | Listed by California Lifestyle Realty | $1,349,500 | |
| Listed by California Lifestyle Realty | |||
| | |||
|
Welcome to this beautiful remodeled 3 bedroom, 3.5 bath located in the desirable PGA West community. One of the most desirable floor plans with amazing views of the western mountains, lush fairway and green of the 4th hole of the Nicklaus Private Golf Course. Upon entering the home, you are greeted by an open concept living room, dining area, kitchen and family room. The kitchen features dark cabinets, light quartz countertops and upgraded stainless steel appliances. The master suite is a relaxing retreat, featuring a walk in closet, dual sinks, a soaking tub and separate shower. The two additional bedrooms also offer their own private en-suite bathrooms. The manager has listed the unit size as 2353 square feet.
| |||
| May 2, 2017 | Sold | ||
| Sold | |||
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About PGA West
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Listed by: Bergsma and Triscari Group, Desert Sotheby's International Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216016664DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216016664DA
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