Listed by: Pattie Hill, HOM Sotheby's International
$870,000
●
House -
Off Market
81265 Kingston Heath
La Quinta, CA 92253
3 Beds
4 Baths,
1
Half Bath
4,057 Ft²
$1,548,699
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Great VALUE for a SOUTH facing VENTANA floor plan built by Toll
Brothers Luxury Homes with lake, fairway & Mountain views and no
homes in sight! 4057 Square Feet. Features include Marble Entry
Medallion and Travertine flooring + Carpet. Three bedrooms each
with it's own bathroom, Powder Room, Study & Bonus Room. Master
Bedroom with retreat has 2 Walk-In closets, Master Bathroom has
marble counters, Dual sinks and vanity, Jetted Soaker Tub and
Walk-in Shower with 2 shower heads. Granite counters in kitchen and
Walk-in Bar area. Custom pool with a raised Spa, rock waterfall,
recently resurfaced patio decking and professionally landscaped.
HOA fees include gardening Front, Sides & Rear. This home is ready
for the new owner to come in and make it their own. Priced to Sell.
Unit Size
4,057 Ft²
Days on Market
230 days
Land Size
0.32 acres
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
$640
Year Built
2001
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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 #215023300DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2022 | No longer available | - | |
| No longer available | |||
| Sep 28, 2022 | In contract | - | |
| In contract | |||
| Sep 21, 2022 | Price Decreased |
$1,499,000
↓ $136K
(8.3%) | |
| Price Decreased | |||
| Aug 23, 2022 | Price Decreased |
$1,635,000
↓ $164K
(9.1%) | |
| Price Decreased | |||
| Jun 28, 2022 | Price Decreased |
$1,799,000
↓ $101K
(5.3%) | |
| Price Decreased | |||
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Property Highlights
Fireplace
Garage
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
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HOA + Taxes
About Norman Course
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Listed by: Pattie Hill, HOM Sotheby's International
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215023300DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215023300DA
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