36975 Dune Palms Rd
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 23, 2022 | Sold | ||
| Sold | |||
| Jul 27, 2022 | Listed by RE/MAX Desert Properties | $1,250,000 | |
| Listed by RE/MAX Desert Properties | |||
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Looking for a private oasis sitting on just under 3 acres in Indio, just off the beaten path, but still in close proximity to everything. This home is for you and with so much potential! Zoned for agricultural, equestrian, or alike, you can create a unique short-term rental or just a great family home! The possibilities are endless with this property. Within the past five years the home was completely remodeled with all new tile flooring throughout, new kitchen cabinets and countertops and tiled bathrooms. Both AC units were replaced, and all the windows and slider doors have been upgraded. This home has three bedrooms, two baths, a cozy kitchen and breakfast area, plus a large den. In addition, behind the 3-car garage sits another living area with two rooms plumbed and set up for another bathroom, where someone could revive with their own personal touches. The home sits on an elevated portion of this large lot and has its own well with a brand new pump system that the home runs completely off, taking this home off-grid. There is also a large, covered structure great for RV parking or could be used for entertaining / hosting events. This property sits minutes away from the 10 freeway and is ready for its new owner.
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About Indio
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Currently no similar homes aroundNearby Rentals
$6,000 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017