40267 Catania Court
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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by HomeSmart | $600,000 | |
| Listed by HomeSmart | |||
| Dec 14, 2022 | No longer available | - | |
| No longer available | |||
| Oct 8, 2022 | Listed by Acker and Associates | $629,990 | |
| Listed by Acker and Associates | |||
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Don't miss the opportunity to own this gorgeous newly remodeled home in Paradiso, a gated community in the Shadow Hills area of Indio! At 2,439 sq.ft of open living space, this two story home features 4 bedrooms upstairs, 2.5 bathrooms, a downstairs office/flex room, upstairs loft/built-in desk, living room and formal dining area. The kitchen is the star of this home, with features including quartz countertops, soft-close cabinetry, gas cooktop with separate oven, stainless steel appliances, recessed lighting, hood vent and breakfast bar. Recently renovated, the first floor has brand new ceramic plank tiles, new electrical, new fans and chandelier. Living room features custom fireplace, with direct access to the rear patio area. Windows on west/east/south sides feature film/tint to keep the home cooler. Extra storage area under stairs (or a great hiding spot for the kiddos!)Downstairs flex space is an ideal room to be converted into an additional bedroom, playroom or at home office space. Spacious master suite offers tons of natural light and a large walk-in closet. Master bath includes dual basin sinks, soak tub and separate shower. 8,000 sq.ft plus lot is large enough to build your dream desert oasis. Other features include an inside laundry room, oversized 3-car tandem garage, new carpet on stairway/loft, freshly painted, whole house fan, wired for Direct TV, alarm system, community playground and walking paths throughout. HOA includes basic cable/internet/trash. The manager has listed the unit size as 2439 square feet.
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017