$290,000
●
Condo -
Off Market
79846 Olympia
La Quinta, CA 92253
3 Beds
2 Baths
1,525 Ft²
$399,821
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
This immaculate and stylish PGA WEST 3 Bdrm/2 Bath Condo is a
Fantastic Opportunity under $300,000!! Beautiful location
with scenic views of private lake, waterfalls and the beautiful
Santa Rosa Mountains that are night lit for your enjoyment from the
spacious patio! This turnkey furnished unit is a wonderful weekend
getaway or great rental. This well maintained condo recently
added plank tile flooring and newer appliances. Tastefully
appointed, with flat screen TV's and space efficient with plenty of
natural lighting. The garage in this unit is attached.
Close to a community pool and move-in ready! Offered fully
furnished.
Unit Size
1,525 Ft²
Days on Market
79 days
Land Size
0.07 acres
Price per sqft
$196
Property Type
Condo
Property Taxes
-
HOA Dues
$615
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 #219047438DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2020 | Listed by Compass | $299,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: One
Interior Features: Separate Formal Dining Room, Furnished, Primary Suite
Appliances: Dishwasher, Microwave, Refrigerator, Vented Exhaust Fan
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Room
Has Fireplace
Gas, Living Room
Exterior Details
Year Built: 1988
Parcel Number: 775051026
Home Type: Residential
Builder Name: Sunrise
Roof: Tile
Window Features: Blinds
Spa Features: Community, Gunite, Heated, In Ground
Private Pool
Pool Features: Community, Gunite, In Ground
Lot Information: Planned Unit Development, Sprinklers Timer, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.07
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Fireplaces, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Maintenance Grounds, Insurance, Security, Trash, Cable Tv
Association Fee: $615
Association Fee Frequency: Monthly
Community Features: Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: PGA Palmer Private
Subdivision Name: PGA Palmer Private
Directions: Enter Palmer Gate off Pga BLVD. Right on Tanglewood and left on Olympia Fields Cross Street: Tanglewood.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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: Joe Vetrano, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047438DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047438DA
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