$675,000
●
House -
Off Market
80050 Merion
La Quinta, CA 92253
3 Beds
3 Baths
2,450 Ft²
$1,057,400
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
One of the BEST floorplans at PGA West, this Ryder III at 80050
Merion, La Quinta, sits on a deep, private lot off the 12th hole of
the Nicklaus Private. Offering Three bedrooms and 3 bathrooms,
including the detached Casita. The Den is used as an office, or a
4th sleeping area. Tile floors, ceiling fans, shutters, and modern
white Cabinetry & Built-ins and A wet bar with Wine Chiller, add to
the comfort. The location is more VIEW oriented than it appears
from aerials. Plenty of bold, Western Mountains and greens, PLUS
the lush foliage of the Berm and no Golf Cart Path for privacy.
Viewing from the elevated, extended pool deck is unique to this one
property. A Large, Saltwater, Pebbletec pool and spa, firepit,and
built-in BBQ add to the outdoor enjoyment. Offered TURNKEY with
established Lease Financials.
Unit Size
2,450 Ft²
Days on Market
153 days
Land Size
0.20 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
$736
Year Built
1999
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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 #218010902DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2018 | Sold | ||
| Sold | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $699,000 | |
| Listed | |||
| | |||
|
One of the BEST floorplans at PGA West, this Ryder III at 80050 Merion, La Quinta, sits on a deep, private lot off the 12th hole of the Nicklaus Private. Offering Three bedrooms and 3 bathrooms, including the detached Casita. The Den is used as an office, or a 4th sleeping area. Tile floors, ceiling fans, shutters, and modern white Cabinetry & Built-ins and A wet bar with Wine Chiller, add to the comfort. The location is more VIEW oriented than it appears from aerials. Plenty of bold, Western Mountains and greens, PLUS the lush foliage of the Berm and no Golf Cart Path for privacy. Viewing from the elevated, extended pool deck is unique to this one property. A Large, Saltwater, Pebbletec pool and spa, firepit,and built-in BBQ add to the outdoor enjoyment. Offered TURNKEY with established Lease Financials. The manager has listed the unit size as 2450 square feet.
| |||
| Apr 12, 2018 | Listed by HK Lane Real Estate | $699,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
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 PGA West
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Listed by: Kim Kelly, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218010902DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218010902DA
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