$855,000
●
House -
Off Market
80279 Merion
La Quinta, CA 92253
3 Beds
3 Baths
2,655 Ft²
$1,647,887
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model
About This Property
Stunning desert contemporary!! Excellent and extensive remodel with
designer furnishings and quality improvements....Shows like a
Model!!. This premium lot is elevated over looking the 13th fairway
of the Nicklaus Private course facing SOUTH with magnificent Coral
Mountain views and warm sunshine glimmering off the private
salt-water pool and spa. Upgraded & features to this beautiful home
include: Pavers in courtyard and rear patio, dog friendly fenced
courtyard, barbecue and firepit, Travertine flooring, natural stack
stone fireplace surround, granite kitchen counters and custom
backsplash, custom interior paint, upgraded stainless steele
KitchenAid appliances, wooded paneled side by side refrigerator,
top of the line ceiling fans, custom landscape....and so much more.
Unit Size
2,655 Ft²
Days on Market
55 days
Land Size
0.27 acres
Price per sqft
$322
Property Type
House
Property Taxes
-
HOA Dues
$669
Year Built
1997
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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 #213006530DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2014 | Sold | ||
| Sold | |||
| Dec 27, 2013 | Listed by HK Lane Real Estate | $855,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
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ft²
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HOA + Taxes
About PGA West
Similar Homes for Sale
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Listed by: Vicki Annett Martens, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213006530DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 213006530DA
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