Listed by: Sandi Phillips and Asso..., Compass
$1,575,000
●
House -
Off Market
81335 National Drive
La Quinta, CA 92253
4 Beds
5 Baths,
1
Half Bath
4,200 Ft²
$2,016,102
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Relax and enjoy the beautiful South facing Santa Rosa
Mtn views and the desert landscape of the Greg Norman Golf Course
in PGA West. Among the highlights, Grand Entry into oversized
living area complete with Player Piano and wall of French Doors
leading to the interior courtyard, Custom built Theater Room, 4
large bedroom suites, one of which is a romantic detached Casita on
the second level overlooking the pool/spa and gorgeous Mountain
view. The gourmet kitchen is equipped with Sub Zero fridge, Wolf
stove with double ovens, granite counters and custom cabinets. The
very private outdoor living space is perfect for intimate family
gatherings as well as large celebrations complete with pool, spa,
several seating areas, BBQ, and a 3 hole putting green with bunker.
This private double gated community is highly sought after and will
appeal to your most discerning buyer. Offered Furnished Per
Inventory
Unit Size
4,200 Ft²
Days on Market
186 days
Land Size
0.32 acres
Price per sqft
$404
Property Type
House
Property Taxes
-
HOA Dues
$570
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 #219052713DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 6, 2023 | No longer available | - | |
| No longer available | |||
| Jul 24, 2023 | In contract | - | |
| In contract | |||
| Jan 17, 2023 | Listed by Keller Williams Realty - La Quinta | $2,599,000 | |
| Listed by Keller Williams Realty - La Quinta | |||
| | |||
|
Welcome to PGA Greg Norman Estates! This stunning newly renovated 4 bedroom, 5 bathroom home offers spectacular south facing mountain views on one of the best golf courses in the world. The property has been freshly painted both inside and out with updated landscape. The back yard is equipped with a 3-hole putting green, BBQ, heated Pool and Spa. The kitchen and bar features Quartzite countertops, New cabinet doors, Sub Zero Fridge, Wolf stove with double ovens, and walk-in pantry. Each room is oversized, including your own private upstairs casita that overlooks the pool. This fully furnished home has large living areas, 5 fireplaces, 3-car Garage, a home movie theater, and french doors that lead you into your private patio under the stars. Schedule a private tour today The manager has listed the unit size as 4200 square feet.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 11, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Garage
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
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ft²
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Listed On
Listed On
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HOA + Taxes
About Norman Course
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Listed by: Sandi Phillips and Asso..., Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052713DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052713DA
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