$239,900
●
Condo -
Off Market
79786 Olympia Fields
La Quinta, CA 92253
2 Beds
3 Baths,
1
Half Bath
1,410 Ft²
$494,514
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model
About This Property
Stunning lake and mountain views from this condo located in the PGA
WEST Palmer Residential. This beautifully remodeled 2 bed/2.5 bath
condo is ready for you to enjoy. Chef's kitchen with granite
counters and stainless appliances. Family room with lake views and
fireplace for you to enjoy. Two stories with entry on bottom level.
Living area downstairs and two bedrooms with balconies overlooking
lake upstairs. Master suite has great views and upgraded bathroom
including dual vanities and slate flooring. Second bedroom with
bathroom ensuite. New air conditioner and furnace December 2012.
Two community pools and spas located close by. This condo has a
great seasonal rental history. Offered Turnkey Furnished.
Unit Size
1,410 Ft²
Days on Market
35 days
Land Size
0.06 acres
Price per sqft
$177
Property Type
Condo
Property Taxes
-
HOA Dues
$511
Year Built
1988
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Cap Rate Calculator
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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 #21474253DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2013 | Sold | ||
| Sold | |||
| Apr 26, 2013 | Listed by Bennion Deville Homes | $249,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Fireplace
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two, MultiSplit
Interior Features: Furnished, All Bedrooms Up
Appliances: Dishwasher, Disposal, Refrigerator
Flooring Type: Carpet
Living Area Square Feet Source: Other
Laundry Features: Laundry Closet
Has Fireplace
Family Room
Exterior Details
Year Built: 1988
Parcel Number: 775051036
Home Type: Residential
Foundation Details: Slab
Roof: Tile
Spa Features: Community
Private Pool
Lot Size Source: Assessor
Lot Size Acres: 0.06
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Fee: $511
Community Features: Gated
Security Features: Gated Community
Subdivision: PGA Palmer Private
High School District: Coachella Valley Unified
Subdivision Name: PGA Palmer Private
Directions: Palmer Gate. Turn right on Tangelwood. Left on Olympia Fields. Condo will be on right side. Cross Street: Tanglewood.
Other Details
Listing Terms: Cash, CashtoNewLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/02/2020
| |
2 Bed
|
3 Bath
|
1410 ft²
|
$315,000
2 Bed
3 Bath
1410 ft²
|
$315,000
09/02/2020
|
Debbie Behlman
Equity Union
|
|
04/26/2013
| |
2 Bed
|
3 Bath
|
1410 ft²
|
$249,000
2 Bed
3 Bath
1410 ft²
|
$239,900
-3.65%
05/31/2013
|
Cheri Behlman
Bennion Deville Homes
|
Building Info
About PGA West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cheri Behlman, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21474253DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21474253DA
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