Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$220,000
●
Condo -
Off Market
79846 Olympia Fields
La Quinta, CA 92253
3 Beds
2 Baths
1,525 Ft²
$380,619
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
This PGA West 3 bedroom, 2-bath condo is located on the second
floor overlooking a lake. Here you can enjoy views over the lake to
a waterfall and the mountains beyond from the great room and master
bedroom. Step out from the great room and you'll discover a
spacious view balcony that's perfect for entertaining or enjoying a
libation. You can also choose to dine inside adjacent to the
spacious kitchen. The master bedroom suite offers access to the
lakeside balcony and features a nice bath with dual vanities. Two
guest rooms are just the right size and share a bath. The laundry
room is located downstairs just inside to the front door, and
there's a 2-car garage. Just a short walk from the condo you'll be
able to enjoy one of several community pools and spas located on
the lake. PGA West is a gated La Quinta community with 3 public and
3 private golf courses and also offers a variety of social and
fitness memberships.
Unit Size
1,525 Ft²
Days on Market
228 days
Land Size
0.07 acres
Price per sqft
$148
Property Type
Condo
Property Taxes
-
HOA Dues
$530
Year Built
1988
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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 #215035566DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Dec 14, 2015 | Listed by Keller Williams Luxury Homes | $225,000 | |
| Listed by Keller Williams Luxury Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: MultiSplit
Interior Features: Cathedral Ceilings, Separate Formal Dining Room
Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Other
Doors: Sliding Doors
Laundry Features: Laundry Room
Has Fireplace
Gas, Great Room
Exterior Details
Year Built: 1988
Parcel Number: 775051026
Waterfront Features: Waterfront
Home Type: Residential
Foundation Details: Slab
Roof: Concrete, Tile
Window Features: Blinds
Spa Features: Community, In Ground
Private Pool
Pool Features: Electric Heat, In Ground
Lot Information: Drip Irrigation Bubblers, Sprinklers Timer, Sprinkler System, Waterfront
Lot Size Source: Other
Lot Size Acres: 0.07
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Fitness Center, Golf Course, Maintenance Grounds, Insurance, Security, Tennis Courts, Trash
Association Fee: $530
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Palmer Private
Subdivision Name: PGA Palmer Private
Directions: PGA West Blvd to Palmer Gate. Past the guard to Tanglewood and turn right. Home is on the corner of Tanglewood and Olympia Fields. Cross Street: Jefferson and PGA West Blvd..
Other Details
Listing Terms: 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 |
|---|---|---|---|---|---|---|---|
|
08/09/2020
| |
3 Bed
|
2 Bath
|
1525 ft²
|
$299,000
3 Bed
2 Bath
1525 ft²
|
$290,000
-3.01%
10/27/2020
|
Joe Vetrano
Compass
|
|
12/14/2015
| |
3 Bed
|
2 Bath
|
1525 ft²
|
$225,000
3 Bed
2 Bath
1525 ft²
|
$220,000
-2.22%
07/29/2016
|
Sheri Dettman and Assoc...
Keller Williams Luxury Homes
|
Building Info
About PGA West
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215035566DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215035566DA
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