$537,500
●
House -
Off Market
39524 Majorca Drive S
Indio, CA 92203
4 Beds
3 Baths,
1
Half Bath
2,821 Ft²
$743,353
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Unique Opportunity to own this Stunning 4BD/3BA + office/den
located behind the gates of Espana. This move-in-ready home
has been meticulously maintained and designed to perfection with
the highest quality finishes. Features include an open floorplan
that boasts a grand foyer leading into an expansive great room with
floor- to-ceiling windows and rolling sliding glass door, custom
flooring and window coverings, extensive lighting, gourmet kitchen,
updated bathrooms, and a richly appointed Master suite that offers
a remodeled walk-in shower, his & her sinks, and two walk-in
closets. Outside you'll find a private backyard with views of the
surrounding mountains, a sparkling salt water pool, built-in BBQ,
and decorative pavers. Bonus: No Mello-Roos, Close proximity to
restaurants, shops, I-10 and located in IID for low cost
electricity.
Unit Size
2,821 Ft²
Days on Market
15 days
Land Size
0.20 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
$92
Year Built
2007
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Cap Rate Calculator
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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 #219049214DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Sep 7, 2020 | Listed by Bennion Deville Homes | $549,900 | |
| Listed by Bennion Deville Homes | |||
| Dec 13, 2013 | Sold | ||
| Sold | |||
| Sep 2, 2013 | Listed by Rosenthal & Associates | $289,900 | |
| Listed by Rosenthal & Associates | |||
| | |||
|
Spacious Pool/Spa home with gorgeous Mountain views in ESPANA- gated community! Large open kitchen, granite counter tops and backsplash, double ovens plus cook top- opens to living dining combination with fireplace and laminate wood flooring. No Mello Roos. This property is approved for HomePath Renovation Mortgage Financing. Please contact listing agent for more information.
| |||
Property Highlights
Air Conditioning
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Anthony Maio, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219049214DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219049214DA
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