$805,000
●
House -
Off Market
80382 Spanish Bay
La Quinta, CA 92253
3 Beds
4 Baths,
2
Half Baths
2,973 Ft²
$1,462,564
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
One of the best views in PGA West!! This former model home with
almost 3,000 sq. ft. has walls of glass overlooking a spectacular
lake, mountains, and 9th & 18th fairways of the Nicklaus Tournament
Course. Enjoy the 44' saltwater lap pool, separate spa & outdoor
patio while watching the golfers putt out on the 18th green. Walk
thru the gated front courtyard with it's own outdoor fireplace into
this spacious home. This open floor plan with it's high ceilings &
walls of glass immediately bring the outdoors into view. Amenities:
premium elevated lot, designer colors throughout, 3 bedrooms
w/baths (1 being used as an office-no closet), formal living room
w/fireplace, family room w/built-in entertainment center, dramatic
dining room, master suite with sitting area, gourmet granite island
kitchen w/stainless appliances, breakfast nook area with curved
walls of glass, & a 3-car garage with built-in cabinets. Being sold
furnished per written inventory incl. a golf cart. Must see!
Unit Size
2,973 Ft²
Days on Market
83 days
Land Size
0.24 acres
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$400
Year Built
2000
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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 #216000103DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2016 | Sold | ||
| Sold | |||
| Jan 12, 2016 | Listed by California Lifestyle Realty | $849,000 | |
| Listed by California Lifestyle Realty | |||
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: Gloria Whitman, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216000103DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216000103DA
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