$1,215,000
●
House -
Off Market
80481 Platinum Way
La Quinta, CA 92253
3 Beds
1 Bath,
1
Half Bath
2,415 Ft²
$6,933
Est. Monthly
$550
HOA / Fees
3.37%
Cap Rate
About This Property
Short term rentals allowed here! Please check with city of La
Quinta for STR permits and rules. Incredible home on one of
the largest corner VIEW lots in PGA West Signature. Well
appointed back yard with custom pool, spa, putting green, fire pit
and multiple sitting areas. There's even an enclosed patio
with folding doors and fireplace.Multiple floor to ceiling windows
bring in lots of natural light. There's a large living room
with fireplace that opens to the custom styled kitchen with
stainless steel appliances, large center island, rich wood cabinets
and granite countertops. There are 3 bedrooms and 3.5 baths
that make this the perfect retreat for family, friends, or renters.
Conveniently located downstairs are two of the larger
bedroom suites with full bath. The upstairs bedroom suite
can accomodate 4 people and also has its own bathroom. 2 Car garage
plus a golf cart bay is a bonus too!The community offers a fitness
center, clubhouse, pool, spa and of course world class golf.
Sold turnkey furnished per inventory.Seller motivated.
Unit Size
2,415 Ft²
Days on Market
62 days
Land Size
0.20 acres
Price per sqft
$538
Property Type
House
Property Taxes
-
HOA Dues
$550
Year Built
2015
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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 #219126268DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2024 | Listed by RE/MAX All-Pro | $1,299,900 | |
| Listed by RE/MAX All-Pro | |||
| Jun 27, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by Brad Schmett Real Estate Group | $1,199,000 | |
| Listed by Brad Schmett Real Estate Group | |||
| | |||
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Grab this rare opportunity to own a home with a large private yard in La Quinta's desirable PGA West gated community. Set on a corner lot with dramatic mountain views, this residence has an open plan layout highlighted by multiple floor-to-ceiling windows that bathe your living room and its fireplace in natural light. Cooking great meals is a breeze in the home's inviting kitchen, fully equipped to suit the avid home chef with plenty of dark cabinetry, stainless steel appliances, an oversized island, and granite countertops. Hone your short game skills on the putting green in the backyard and bask in the warmth of the outdoor fireplace or relax with guests around the fire pit. Other features include a separate laundry room and an attached two-car garage. Offred Furnished Per Seller's Approved Inventory outside of escrow. You'll enjoy the benefits of a residents' fitness center and have easy access to Ernie's Restaurant, two resort clubhouses, tennis, pickleball, and of course, world-class golf. This is your chance to indulge in a permanent holiday lifestyle. Come take a tour before it slips away!
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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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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About PGA West
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Listed by: Elaine Stewart, RE/MAX All-Pro
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219126268DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219126268DA
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