Listed by: Nick Blodgett, Hideaway Properties Corp.
$4,500,000
●
House -
Off Market
81663 Baffin Ave., Lot 113B Avenue
La Quinta, CA 92253
5 Beds
6 Baths,
1
Half Bath
5,515 Ft²
$8,696,772
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
South facing custom home at the prestigious Madison Club -
Overlooking the 14th fairway of the Tom Fazio golf course with
unbelievable Santa Rosa Mountain views. This remarkable home
features 5 bedrooms, all with separation for added privacy and 5.5
bathrooms. The state of the art kitchen overlooks the family and
dining rooms with pocket doors that completely open to the outdoor
living area and views. The oversized master suite includes a
spa-like bathroom with luxurious appointments. The second floor
guest suite also includes fireplace, bar and private balcony.
Entertaining is a breeze with premium outdoor cook center, custom
pool, spa with water and fire features. The exceptional custom
finishes and architectural details reflect the sophistication found
at The Madison. Offered furnished as per inventory.
Unit Size
5,515 Ft²
Days on Market
102 days
Land Size
0.60 acres
Price per sqft
$888
Property Type
House
Property Taxes
-
HOA Dues
$1,120
Year Built
2013
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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 #215013406DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 4, 2015 | Sold | ||
| Sold | |||
| Apr 24, 2015 | Listed by Hideaway Properties Corp. | $4,900,000 | |
| Listed by Hideaway Properties Corp. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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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Sold On
HOA + Taxes
About Country Club of the Desert
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Listed by: Nick Blodgett, Hideaway Properties Corp.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215013406DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215013406DA
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