$589,000
●
House -
Off Market
56893 Merion
La Quinta, CA 92253
4 Beds
3 Baths,
1
Half Bath
2,986 Ft²
$920,016
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Beautiful 4 bedrooms, 4.5 baths, 3 car garage home with amazing
west mountain and fairway views. This home features large living
room with fireplace, large cooks kitchen with stainless appliances
and family room, plus formal dining room. The master suite features
a large walk in closet and double vanities plus soaking tub and
walk in shower. There are 2 more bedrooms in the home and both have
ensuite baths plus there is a courtyard casita. The large covered
patio overlooks the lushly landscaped golf course and away from the
golf cart paths and features incredible mountain views. This is the
perfect home for people who want a pool and don't want the
maintenance as there is a supersized community pool right next to
the home. You can enter from your backyard and use it at your
leisure. This beautiful home is bargain priced!
Unit Size
2,986 Ft²
Days on Market
94 days
Land Size
0.07 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$823
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: 4 months ago (CRMLS #219023359DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Sep 3, 2019 | Listed by The Lori Bowers Group | $629,000 | |
| Listed by The Lori Bowers Group | |||
| Apr 15, 2015 | Sold | ||
| Sold | |||
| Apr 28, 2014 | Listed by HOM Sotheby's International | $575,000 | |
| Listed by HOM Sotheby's International | |||
| | |||
|
Fabulous southwest views across two fairways of the Santa Rosa mountains. Freshly painted, and new carpeting installed. There are four bedrooms, 4.5 bathrooms overlooking the 16th fairway of the Nicklaus Private Course. Light & bright kitchen with granite counters and stainless appliances, all just steps from the community pool & spa which is so rarely used that it is like having your own private pool without the maintenance! Offered Unfurnished.
| |||
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
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Price/ft²
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Sold On
HOA + Taxes
About PGA West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lori Bowers, The Lori Bowers Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219023359DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219023359DA
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