$560,000
●
Condo -
Off Market
80441 Oak Tree
La Quinta, CA 92253
2 Beds
2 Baths
1,330 Ft²
$3,527
Est. Monthly
$703
HOA / Fees
5.51%
Cap Rate
About This Property
Discover your sanctuary in this meticulously remodeled oasis,
perfectly positioned with a coveted south-facing aspect. Immerse
yourself in the allure of panoramic fairway, water, and mountain
vistas of the Par-3 13th hole of the Stadium course, basking in
natural sunlight that floods through every window. Entertain
effortlessly on your expansive patio featuring a deluxe BBQ grill;
while inside, enjoy the timeless elegance of granite countertops
and the sleek appeal of tile flooring throughout. Retreat to
remodeled bathrooms adorned with modern fixtures, and unwind in
privacy with charming shutters adorning every window. Embrace
luxury living at its finest in this unparalleled haven. Fully
furnished including Golf Cart.
Unit Size
1,330 Ft²
Days on Market
107 days
Land Size
0.40 acres
Price per sqft
$432
Property Type
Condo
Property Taxes
-
HOA Dues
$703
Year Built
1985
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Cap Rate Calculator
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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 #219107781DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2024 | Sold | ||
| Sold | |||
| Jan 14, 2024 | Listed by Desert Sotheby's Int'l Realty | $575,000 | |
| Listed by Desert Sotheby's Int'l Realty | |||
Property Highlights
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Side By Side
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Separate Formal Dining Room, High Ceilings, Primary Suite
Appliances: Dishwasher, Gas Range, Gas Water Heater, Refrigerator, Water To Refrigerator
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Closet
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1985
Parcel Number: 775081091
Home Type: Residential
Architectural Style: Spanish
Foundation Details: Slab
Roof: Concrete
Window Features: Shutters
Construction Materials: Stucco
Outdoor Living Structures: Covered
Lot Information: Planned Unit Development, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.4
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Controlled Access, Maintenance Grounds, Insurance, Cable Tv
Association Fee: $703
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community
Subdivision: PGA Stadium
Subdivision Name: PGA Stadium
Directions: From PGA West Stadium Gate, make an immediate left on Oak Tree. After the street curves, the condo will be to your right. Cross Street: Inverness.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
01/14/2024
| |
2 Bed
|
2 Bath
|
1330 ft²
|
$595,000
2 Bed
2 Bath
1330 ft²
|
-
-
|
Ed Borquez
Desert Sotheby's Int'l Realty
|
|
06/17/2016
| |
2 Bed
|
2 Bath
|
1330 ft²
|
$315,000
2 Bed
2 Bath
1330 ft²
|
$299,500
-4.92%
08/04/2016
|
Sheri Dettman and Assoc...
Equity Union
|
|
11/07/2014
| |
2 Bed
|
2 Bath
|
1330 ft²
|
$325,000
2 Bed
2 Bath
1330 ft²
|
$299,250
-7.92%
02/17/2015
|
Gail Gallaudet
Windermere Real Estate
|
|
05/31/2013
| |
2 Bed
|
2 Bath
|
1330 ft²
|
$259,000
2 Bed
2 Bath
1330 ft²
|
$256,000
-1.16%
07/10/2013
|
Gail Wayne
HK Lane Real Estate
|
Building Info
About PGA West
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Listed by: Ed Borquez, Desert Sotheby's Int'l Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107781DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107781DA
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