$3,000
●
House -
Off Market
56980 Merion
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
2,986 Ft²
$951,842
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model
About This Property
****$30,000 Price Reduction -- EXTENDED BY SPECIAL REQUEST **** PGA
West Jack Nicklaus Private on the 8th Fairway spectactular view, 4
bedrooms,5 bathrooms, including detached casita. Fabulous fairway
location, mountain view with your morning coffee - it's a beauty!
You will enjoy plantation shutters throughout, beautiful front
courtyard, family-sized gourmet kitchen open to family room.
Cathedral ceilings accommodate mirrored wall in formal dining room
and give a great look to the large living room. Master suite slider
opens to front court yard, bath has large tub and natural lighting
from glass block wall and skylight. Extra bathroom is 1/4 guest
bath in main house. Entertainers delight with living room and
dining room sliders to east facing patio - and close to community
pool - great access without the upkeep or noise. Seller is SERIOUS!
Are you ready to make it your own? (Note: property is being sold
unfurnished).
Unit Size
2,986 Ft²
Days on Market
487 days
Land Size
0.07 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$555
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 #21483162DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2017 | Listed | $499,500 | |
| Listed | |||
| | |||
|
Price reduced for rapid sale. Highlands 3 model with hard surface flooring. Clean. Ready to show, and worth seeing. Nice appliances, kitchen island and breakfast countertop, ceramic floors throughout most of home. Soaring ceilings and lots of glass and sliders. Located on #8 of Nick Private course. Priced right for fast sale. Bring us an offer. Call listing agent for private showing. Compared to similar properties this is a good buy. Hurry. The manager has listed the unit size as 2986 square feet.
| |||
| Feb 10, 2015 | Sold | ||
| Sold | |||
| Oct 11, 2013 | Listed by Tarbell REALTORS | $515,000 | |
| Listed by Tarbell REALTORS | |||
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: Teresa Schroeder, Tarbell REALTORS
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21483162DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21483162DA
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