$550,000
●
House -
Off Market
37590 Severn Place
Indio, CA 92203
4 Beds
3 Baths
2,043 Ft²
$2,964
Est. Monthly
$189
HOA / Fees
12.71%
Cap Rate
About This Property
Gorgeous 4-Bedroom Home with Mountain Views and Private Saltwater
Pool in Talavera!Welcome to this stunning 4-bedroom, 3-bathroom
home located in the highly desirable Talavera community. Sitting on
an oversized 9,583 SqFt private lot with breathtaking mountain
views, this home is perfect for indoor-outdoor living with your
very own saltwater pool and spillover spa. Step inside to a
beautifully updated kitchen featuring new countertops, a spacious
5-stool island, stylish tile backsplash, and stainless steel
appliances--a true centerpiece for entertaining. The entire
downstairs boasts upgraded laminate flooring, and the cozy living
area features a stone-accented fireplace that adds warmth and
charm. With 2,043 sq ft of well-appointed living space, the popular
floor plan includes soaring 20-ft ceilings in the entryway and
abundant natural light throughout. Other upgrades include a freshly
painted exterior and a new A/C unit for peace of mind. With
no home behind or to the left, this is truly a private Desert
oasis.
Unit Size
2,043 Ft²
Days on Market
42 days
Land Size
0.22 acres
Price per sqft
$277
Property Type
House
Property Taxes
-
HOA Dues
$189
Year Built
2006
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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: 2 years ago (CRMLS #219134466DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 19, 2025 | Listed by California Lifestyle Realty | $565,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Serena Lamble, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219134466DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219134466DA
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