$3,300,000
●
House -
Off Market
78411 Talking Rock Turn
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
4,790 Ft²
$3,453,052
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
This stunning south facing sprawling custom home is resplendent
with light featuring 3 bedrooms, 3.5 baths plus a separate office,
approx. 4790 sq ft sitting on the 14th fairway hole on a quiet
interior location with the most spectacular mountain views in
Tradition on one of the most sought after streets. The home allows
for perfect formal and casual entertaining areas enhanced with
soaring dramatic angled cedar ceilings in the dining room, office
and living room. Enjoy outdoor living by the lagoon shaped resort
style pool/spa with a cascading rock waterfall looking out to the
incredible mountain backdrop on an estate size lot. Amenities
include travertine stone floors, gourmet granite island kitchen
w/stainless appliances, marble bathrooms and more. This is a wow
factor home not to be missed.
Unit Size
4,790 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$689
Property Type
House
Property Taxes
-
HOA Dues
$550
Year Built
2000
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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 #219086002DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2022 | Listed by Compass | $3,300,000 | |
| Listed by Compass | |||
| Jul 18, 2019 | No longer available | - | |
| No longer available | |||
| May 28, 2019 | Price Decreased |
$2,195,000
↓ $200K
(8.4%) | |
| Price Decreased | |||
| Nov 16, 2018 | No longer available | - | |
| No longer available | |||
| Nov 14, 2018 | Listed | $2,395,000 | |
| Listed | |||
| | |||
|
This stunning south facing sprawling custom home is resplendent with light featuring 3 bedrooms, 3.5 baths plus a separate office, approx. 4790 sq ft sitting on the 14th fairway hole on a quiet interior location with the most spectacular mountain views in Tradition on one of the most sought after streets. The home allows for perfect formal and casual entertaining areas enhanced with soaring dramatic angled cedar ceilings in the dining room, office and living room. Enjoy outdoor living by the lagoon shaped resort style pool/spa with a cascading rock waterfall looking out to the incredible mountain backdrop on an estate size lot. Amenities include travertine stone floors, gourmet granite island kitchen w/stainless appliances, marble bathrooms and more. This is a wow factor home not to be missed. Offered furnished per inventory. The manager has listed the unit size as 4790 square feet.
| |||
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Property Highlights
Garage
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 La Quinta
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Listed by: Jon Caruana, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219086002DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219086002DA
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