Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$640,000
●
House -
Off Market
80150 Merion
La Quinta, CA 92253
3 Beds
3 Baths
2,450 Ft²
$1,198,260
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
Located above the 12th fairway of the PGA West Nicklaus Private
course, this popular Ryder plan features impressive mountain views
day & night due to night mountain lighting. With 3 bedrooms & a
den/4th bedroom & 3 baths including a detached Casita suite, this
home is sure to be enjoyed by family & friends as a place where
fond memories are made. Entering from the private courtyard you'll
be first drawn to the outdoor patio & pool area. Here you'll find
ample room for entertaining, firing up the built-in grill, taking a
dip or simply relaxing. Inside you find numerous upgrades including
oversized tile floors, designer paint, wet bar & handsome chef's
kitchen with granite counters & stainless appliances. This home is
offered turnkey furnished per inventory. HOA maintains all exterior
maintenance except for your pool including full landscape in front,
courtyard and rear, exterior painting and roof, cable TV,
structure, fire & earthquake insurance, 24 hour guard gate &
community pools
Unit Size
2,450 Ft²
Days on Market
147 days
Land Size
0.20 acres
Price per sqft
$273
Property Type
House
Property Taxes
-
HOA Dues
$661
Year Built
1999
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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 #214087609DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 7, 2015 | Sold | ||
| Sold | |||
| Dec 11, 2014 | Listed by Keller Williams Luxury Homes | $669,000 | |
| Listed by Keller Williams Luxury Homes | |||
| Feb 4, 2014 | Sold | ||
| Sold | |||
| Oct 20, 2013 | Listed by HK Lane Real Estate | $625,000 | |
| Listed by HK Lane Real Estate | |||
| | |||
|
Fabulous mountain views!!! Located on number #12 fairway of the Nicklaus Private course is the most sought after floor plan of the Ryder Collection....Plan 3. This beautiful detached great room floor plan offers three bedrooms, 3 full baths plus a den/office. Spacious and open with lots of natural light and warm comfortable layout make it an entertainers delight. Views are of the night lighted Santa Rosa mountains and overlooks the private pool and spa and elevated above fairway. Decorated in warm jewel tones and furnished in a Tommy Bahama style. Stainless steel appliances, gas cook top, granite counters, wet bar, interior laundry room with sink. HOA maintains all exterior maintenance except for private pool(full landscape in front, courtyard and rear...exteior paint, cable TV, fire and earthquake on structure,community pools, and roof). Offered turnkey furnished per written inventory.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About PGA West
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214087609DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214087609DA
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