$670,000
●
House -
Off Market
57121 Medinah
La Quinta, CA 92253
3 Beds
3 Baths
2,205 Ft²
$1,156,445
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
This former model home has it all! Fabulous Augusta 1 great room
floor plan with expansive windows capturing a breathtaking western
view of the Santa Rosa Mountains and sitting on the 8th hole of the
Jack Nicklaus Private Course featuring 2,205 sq ft, 3bdrms, 3baths.
Enjoy desert resort living in this pristine home with close
proximity to driving range, Private clubhouse & fitness center.
Other amenities include: chef's kitchen with gorgeous granite
countertops, California closet in master bedroom, security system,
central vac, water softener, and Phantom screen doors. Numerous
recent improvements such as newer air conditioners, furnaces, hot
water heater, and more (full list available). The stunning backyard
features a built in BBQ and Pebble Tech Pool & Spa with custom rock
landscaping. PGA West Premier Golf membership available. Offered
furnished per inventory.
Unit Size
2,205 Ft²
Days on Market
75 days
Land Size
0.22 acres
Price per sqft
$311
Property Type
House
Property Taxes
-
HOA Dues
$760
Year Built
1998
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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 #216020274DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2016 | Sold | ||
| Sold | |||
| Jul 6, 2016 | Listed by HK Lane Real Estate | $685,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
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Listed by: Sandi Phillips, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216020274DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216020274DA
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