$330,000
●
House -
Off Market
40570 Alabama Hills Drive
Indio, CA 92203
5 Beds
4 Baths,
1
Half Bath
3,517 Ft²
$584,925
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model
About This Property
Welcome to your new custom home in the gated community of Sonora
Wells. This property struts over 3,500 square feet, 5 bedrooms, and
4 bathrooms. The property sits perfect on a corner lot that is
conveniently located directly across from the community pool, spa,
and BBQ area. Walk into the home and see the formal living area
with its own fireplace. Across from the formal living is the custom
built wet bar with its built-in kegerator, wine cellar, and
refrigerator. Walk through the the open floor plan and see the
kitchen and living room is perfect for any type of entertainment or
family gathering. The master bedroom is conveniently located down
stairs with dual sinks and walk in closet. Upstairs shows off a
loft and 3 additional bedrooms with a Jack and Jill bathroom. The
final touch is the attached casita with its own private entrance
and full bathroom.
Unit Size
3,517 Ft²
Days on Market
140 days
Land Size
0.19 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
$150
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: 3 years ago (CRMLS #215026034DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2016 | Sold | ||
| Sold | |||
| Sep 15, 2015 | Listed by Shadow Hills Real Estate | $332,500 | |
| Listed by Shadow Hills Real Estate | |||
Property Highlights
Air Conditioning
Garage
Fireplace
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
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Listed by: William Taylor, Shadow Hills Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215026034DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215026034DA
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