Listed by: Glenn Cassell, Hideaway Properties Corp.
$1,050,000
●
Land -
Off Market
81325 Columbus Way
La Quinta, CA 92253
Studio
0 Bath
$1,696,522
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
This custom home site at the prestigious Madison Club offers
stunning views of the desert mountains and premier Tom Fazio golf
course. Overlooking the 4th tee and offering panoramic views of the
Santa Rosa Mountains, this site is ready for your dream home.
Unit Size
-
Days on Market
240 days
Land Size
0.73 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$1,597
Year Built
2023
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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 #218027110DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2021 | Listed by Madison Club Properties | $4,950,000 | |
| Listed by Madison Club Properties | |||
| | |||
|
This incredible custom home is currently under construction and will be sold as-is. The plans call for an incredible courtyard entry complete with water feature, fire pit and lounge area. The expansive glass doors in the great room slide away to reveal a covered loggia, an enormous pool, lounge area with fire pit and incredible views of the Santa Rosa Mountains and the 4th tee box of the acclaimed Tom Fazio designed golf course. The home is designed with 9,932 sqft of living space and total sqft of 11,185. The home features 5 bedrooms and 5.5 baths, a gaming room with bar/lounge, a private office and gourmet kitchen.
| |||
| May 29, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by Hideaway Properties Corp. | $1,150,000 | |
| Listed by Hideaway Properties Corp. | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Country Club of the Desert
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Listed by: Glenn Cassell, Hideaway Properties Corp.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218027110DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218027110DA
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