Listed by: Jon Caruana, HK Lane Real Estate
$970,000
●
House -
Off Market
81240 National Drive
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
3,200 Ft²
$1,689,104
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Welcome to the exclusive Greg Norman Estates in PGA West. Enjoy
desert resort living on the 10th fairway of the Greg Norman Course
in this stunningly beautiful 3B, 3.5BA home including a private
casita. There is so much attention to detail with upgrades galore
including wood beams on ceiling, built-ins throughout, wine
cabinet, granite wetbar, extended dining room, surround sound, 24
inch stone flooring, granite island kitchen w/wolf appliances &
subzero refrig, custom carpet and more. The estate size backyard
features a resort style 28x38x8.5 saltwater pool/spa with lots of
sunshine, BBQ island, pavers & so much room for entertaining.
Offered furnished per inventory. Home inspection available for
review upon request.
Unit Size
3,200 Ft²
Days on Market
137 days
Land Size
0.34 acres
Price per sqft
$312
Property Type
House
Property Taxes
-
HOA Dues
$517
Year Built
2004
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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 #216008520DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2016 | Sold | ||
| Sold | |||
| Mar 13, 2016 | Listed by HK Lane Real Estate | $998,500 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Norman Course
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Listed by: Jon Caruana, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216008520DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216008520DA
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