$339,000
●
Condo -
Off Market
80643 Oak Tree
La Quinta, CA 92253
2 Beds
2 Baths
1,549 Ft²
$528,613
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Great price reduction. Fabulous Champions 2 with a new kitchen with
stainless appliances and granite slab countertops. This is a very
popular floorplan. There are amazing mountain views and golf course
views as well. The owners updated the living areas with new
porcelain tile floors and it's furnished, turnkey! 2 bedrooms, 2
baths and a family room which can host extra overnight guests with
a pull out sofa. Located on the Stadium course, hole #14 so you can
watch the Career Builder tournament go by. Come see it soon!
Unit Size
1,549 Ft²
Days on Market
190 days
Land Size
0.04 acres
Price per sqft
$225
Property Type
Condo
Property Taxes
-
HOA Dues
$567
Year Built
1985
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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 #218012750DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Apr 22, 2018 | Listed by California Lifestyle Realty | $349,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Garage
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 4
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Furnished
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1985
Parcel Number: 775082027
Home Type: Residential
Lot Information: On Golf Course
Lot Size Source: Assessor
Lot Size Acres: 0.04
Location Details
Association Amenities: Controlled Access, Maintenance Grounds, Management, Security, Trash, Cable Tv
Association Fee: $567
Association Fee Frequency: Monthly
Subdivision: PGA Stadium
Subdivision Name: PGA Stadium
Directions: Enter Stadium gate, turn left onto Oak tree. Follow Oak tree almost to the end. 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 |
|---|---|---|---|---|---|---|---|
|
04/22/2018
| |
2 Bed
|
2 Bath
|
1549 ft²
|
$349,000
2 Bed
2 Bath
1549 ft²
|
$339,000
-2.87%
10/31/2018
|
Becky King
Compass
|
|
04/14/2015
| |
2 Bed
|
2 Bath
|
1549 ft²
|
$345,000
2 Bed
2 Bath
1549 ft²
|
$310,000
-10.14%
03/01/2016
|
Janine Stevens
Bennion Deville Homes
|
Building Info
About PGA West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Becky King, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218012750DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218012750DA
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