$1,685,000
●
House -
Off Market
57515 Black Diamond
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,869 Ft²
$3,564,870
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model
About This Property
This luxuriously elegant Summit home definitely has the wow factor.
Step inside the private gated entry to a lush rock waterfall
setting. Dramatic sweeping walls of glass showcase the stunning
western mountain exposure on the 10th hole of the Weiskopf private
course with lake and triple fairway views. The upscale desert
contemporary interior w/4 bdrms, 4.5 baths, including a two room
casita features travertine floors, custom built-ins, stone enhanced
fireplace, faux painting, gourmet granite island kitchen w/viking
appliances, 2 dishwashers, warming drawer and more. Enjoy the
spectacular backyard providing for a perfect entertaining area
w/stone surround fireplace, built in BBQ and lagoon resort style
pool/spa w/cascading rock waterfalls. Offered Furnished
Per Inventory.
Unit Size
4,869 Ft²
Days on Market
100 days
Land Size
0.37 acres
Price per sqft
$369
Property Type
House
Property Taxes
-
HOA Dues
$389
Year Built
2003
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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: 3 years ago (CRMLS #21470828DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2013 | Sold | ||
| Sold | |||
| Feb 13, 2013 | Listed by HK Lane Real Estate | $1,795,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About PGA West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sandi Phillips, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21470828DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21470828DA
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