$825,000
●
Condo -
Off Market
79970 Cedar Crest
La Quinta, CA 92253
3 Beds
3 Baths,
1
Half Bath
3,031 Ft²
$4,981
Est. Monthly
$812
HOA / Fees
5.47%
Cap Rate
About This Property
Location Location Location! Situated near the tee boxes on
the 9th hole of the Nick Private golf course. This Legends 40
condo has gorgeous mountain and lake views. It has been
freshly painted , deep cleaned and is as clean as a whistle! It is
looking for a new owner that wants a ''project'' or just furnish it
and enjoy the ''lifestyle'' at PGA West. Lots of potential...
Priced aggressively for a quick escrow.
Unit Size
3,031 Ft²
Days on Market
30 days
Land Size
0.08 acres
Price per sqft
$280
Property Type
Condo
Property Taxes
-
HOA Dues
$812
Year Built
1990
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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: 2 years ago (CRMLS #219103647DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2024 | Sold | ||
| Sold | |||
| Oct 23, 2023 | Listed by California Lifestyle Realty | $849,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Driveway, Garage, Golf Cart Garage, Garage Door Opener, Side By Side
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Wet Bar, High Ceilings, Walk-In Closet(s), Atrium, PrimarySuite, WalkInPantry
Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 3031
Square Footage Source: $0
Security Features: Gated Community
Property Condition: Fixer, RepairsCosmetic
Year Built Source: Assessor
Year Built: 1990
Builder Model: Legends 40
Levels: One
Lot Features: Close to Clubhouse, On Golf Course, PlannedUnitDevelopment, SprinklersTimer, SprinklerSystem
Lot Size Area: 3458
Lot Size Units: Square Feet
Lot Size Acres: 0.0794
Lot Size Square Feet: 3458
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, PetRestrictions
HOA Fee: $812
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
10/23/2023
| |
3 Bed
|
4 Bath
|
3031 ft²
|
$849,000
3 Bed
4 Bath
3031 ft²
|
$825,000
-2.83%
01/03/2024
|
Pattie Hill
Compass
|
Building Info
About PGA West
Similar Homes for Sale
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Listed by: Pattie Hill, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219103647DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219103647DA
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