37110 Melbourne Street
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 22, 2021 | Sold | ||
| Sold | |||
| Mar 10, 2021 | Listed by Keller Williams Realty | $379,000 | |
| Listed by Keller Williams Realty | |||
| Mar 18, 2016 | Sold | ||
| Sold | |||
| Dec 28, 2015 | Listed by Shadow Hills Real Estate | $225,000 | |
| Listed by Shadow Hills Real Estate | |||
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Motivated!!! Welcome to the gated community of Talavera located in North Indio. This property is 3 bedrooms, 2 bathrooms, 1,715 square feet, & sits on a corner lot. The lot structs 9,148 square feet & is fully landscaped w/ grass, citrus trees, & a grape vineyards. Walk into the front door & find the living room that flows into the kitchen & family room. The master bedroom shows off great size w/ dual sinks (in the bathroom) & a big walk in closet w/ shelf & pole. The other 2 bedrooms share bathroom #2 w/ dual sinks & shower/tub combo. The 2 car garage has overhead storage & custom epoxy base finished floor. This property is extremely clean w/ great pride of ownership & is being sold w/ all the appliances including washer, dryer, & refrigerator. This is a perfect opportunity for a first time home buyer, family, investor, or vacation home. The Talavera community is conveniently located by Shadow Hills High School, Stater Bros, local stores & gas stations. Welcome home!!!
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017