$850,000
●
House -
Off Market
80967 Spanish Bay
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,285 Ft²
$1,706,140
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model
About This Property
Very Private, South facing yard with sparkling pool and spa away
from golfers and golf balls, looking down on the 11th green of the
Nicklaus Tournament Course. This is a three bedroom, three and one
half bath home with a two room Casita, one has a built-in Murphy
bed the other could be an additional fourth bedroom, now being used
as art studio. Kitchen/Family room has stackable, sliding doors
that open wide bringing the outside in. Expand the
living/entertaining space by enclosing the outdoor patio with
custom electric screens. Home upgraded with stainless steel
appliances, BBQ with island, LED landscape lighting, electric
awning, finished garage floor, front door, gleaming Travertine
floors and new air conditioners! This home is perfect for the buyer
who wants Southern Mt. views on the golf course, and set back for
privacy!
Unit Size
3,285 Ft²
Days on Market
150 days
Land Size
0.23 acres
Price per sqft
$272
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: 2 years ago (CRMLS #21483087DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2014 | Sold | ||
| Sold | |||
| Oct 9, 2013 | Listed by California Lifestyle Realty | $895,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Air Conditioning
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: Joan Cheroti, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21483087DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21483087DA
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