Listed by: Marshall Harris, California Lifestyle Realty
$1,107,500
●
House -
Off Market
81385 Kingston Heath
La Quinta, CA 92253
4 Beds
5 Baths
3,560 Ft²
$1,583,969
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Fantastic home located in the perfect place....End home on the
street and very near Norman Clubhouse. Spectacular southerly
views, 4-5 bedrooms, large patio, pool/spa, privacy. Home is
furnished and ready to move in. Pool and spa overlook the
golf course and pond with fantastic mountain views in the
background. Spacious great room with stone faced fireplace, bar and
plenty of seating & relaxing. Stainless appliances, granite slab
countertops and hard surface floor throughout other than bedrooms.
Master BR is spacious with luxury bath, dual shower and
soaker tub. The casita is attached but has its own entry.
Triple car garage. All baths are Travertine accented. For
entertaining and relaxing the outdoor area is special. Large
pool/spa, spacious grass yard and large covered loggia type patio.
Home is furnished tastefully and ready to move in. The
location, size, design and views make this home a '10'.
Unit Size
3,560 Ft²
Days on Market
88 days
Land Size
0.32 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
$775
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 #219048302DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 20, 2020 | Sold | ||
| Sold | |||
| Aug 24, 2020 | Listed by California Lifestyle Realty | $1,195,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Air Conditioning
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Norman Course
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Listed by: Marshall Harris, California Lifestyle Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219048302DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219048302DA
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