$840,000
●
House -
Off Market
80643 Spanish Bay
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,142 Ft²
$1,503,869
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Enjoy amazing panoramic southern views from this Spanish Bay
beauty. This Plan 4 Cosio home features 3bdrms, 3.5 baths, 3,142 sq
ft, including two separate casitas, and is located on the 11th hole
of the Jack Nicklaus Tournament Course. This popular dramatic open
floorplan has walls of glass that capture the majestic mountain
views. Entertain in style with a granite island gourmet kitchen
w/stainless appliances, beautiful 24 inch tile floors on the
diagonal, granite wet bar, spectacular master bedroom suite with
fireplace and sitting area and marble bath, built-ins throughout,
custom window treatments, four fireplaces and firepit. Stunning
salt water pebble tec pool with multiple cascading stone
waterfalls. You'll love the architecture and ambiance in this
beautiful model perfect home.
Unit Size
3,142 Ft²
Days on Market
435 days
Land Size
0.27 acres
Price per sqft
$283
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 #215014886DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2016 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by HK Lane Real Estate | $889,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sandi Phillips, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215014886DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215014886DA
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