$267,000
●
House -
Off Market
39670 Picasso Court
Indio, CA 92203
3 Beds
3 Baths,
1
Half Bath
2,293 Ft²
$534,760
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
Great Location For a well kept home that is move in ready. Inside
this great home you will find Granite Counter Tops,10 foot
ceilings,Hunter Douglas remote ceiling fans, and other energy
efficient features. Espana is a gated community situated between
the Chocolate & Santa Rosa Mountain ranges, located in the Shadow
Hills area of North Indio between Washington & Jefferson streets
bounded by Sun City-Palm Desert immediately to the west and close
to I-10 Freeway. Close to Shopping, Golf,very low HOA fees
Unit Size
2,293 Ft²
Days on Market
53 days
Land Size
0.16 acres
Price per sqft
$125
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2007
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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 #214014137DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | No longer available | - | |
| No longer available | |||
| Mar 18, 2023 | No longer available | - | |
| No longer available | |||
| Mar 18, 2023 | Listed by HomeSmart Professionals | $570,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
Welcome to Espana in Indio. This is a rare opportunity to own a beautiful home in one of the most sought-after gated communities in town. This stunning 3-bedroom, 2-bath, plus powder room home boasts of high ceilings, arches in the entry foyer, and upgraded flooring throughout.The chefs kitchen is a dream come true for anyone who loves to cook with plenty of counter space for food preparation. The kitchen flows seamlessly into the living room, making it perfect for entertaining guests or spending quality time with family.The backyard of this beautiful home has been designed with low-maintenance in mind. It features artificial turf and an alumiwood patio cover, providing a perfect outdoor retreat that can be enjoyed all year round.The Espana community is also conveniently located near shopping, dining, and entertainment destinations.Don't miss out on this chance to experience luxury living at its finest. Contact us today to schedule a viewing! Amber Placentia 760-835-3764 The manager has listed the unit size as 2293 square feet.
| |||
| Mar 10, 2023 | Price Decreased |
$570,000
↓ $19K
(3.2%) | |
| Price Decreased | |||
| Jan 26, 2023 | Price Decreased |
$589,000
↓ $6K
(1%) | |
| Price Decreased | |||
Show More
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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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About Indio
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Listed by: Ray Jones, RE/MAX Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214014137DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214014137DA
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