40647 Galileo Street
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 19, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Price Decreased |
$609,000
↓ $21K
(3.3%) | |
| Price Decreased | |||
| Jan 8, 2026 | Listed by LPT Realty | $629,999 | |
| Listed by LPT Realty | |||
| Oct 23, 2025 | Listed | $629,999 | |
| Listed | |||
| | |||
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Welcome to 40647 Galileo Street, where exceptional value meets modern living in North Indio's sought-after gated Paradiso community! This stunning 2023 Lennar home is priced to sell and offers everything today's buyers are looking for in a nearly-new property.Step inside this beautifully designed 4-bedroom, 2-bathroom home featuring 2,099 square feet of comfortable living space PLUS a versatile flex room perfect as a 5th bedroom, home office, gym, or playroom. The heart of this home is the chef-inspired kitchen with an oversized island ideal for family gatherings, premium quartz countertops, upgraded tile backsplash, dual ovens, stainless steel appliances, and a spacious walk-in pantry. Elegant wood plank tile flooring flows throughout the main living areas, complemented by a cozy fireplace, upgraded ceiling fans, and designer light fixtures that create the perfect ambiance.What truly sets this home apart are the INCREDIBLE MONTHLY SAVINGS! PAID SOLAR means virtually free electricity, and being located in the lower-cost IID utility district saves you hundreds monthly compared to other valley areas. Add in the tankless water heater for endless hot water and energy efficiency, plus the HOA includes both cable AND internet, and you're looking at $250-400+ in monthly savings compared to similar homes. That's real money back in your pocket every single month!The property sits on a rare OVERSIZED CORNER LOT, one of the largest in Paradiso, offering extra space and privacy. The low-maintenance backyard currently features an above-ground pool you can enjoy as-is, or sellers will remove to create your custom outdoor paradise - covered patio, putting green, garden, playground, or whatever your family dreams of. It's your blank canvas! The spacious 3-car garage provides abundant room for vehicles, storage, and all your gear.Paradiso is a GATED COMMUNITY featuring a greenbelt walking trail, children's playground, and breathtaking mountain views. The low HOA of just $210/month (including cable, internet, and trash) makes this one of the best values in North Indio. Location is everything, and you're just minutes from shopping, dining, hiking, and the valley's only 18-hole NIGHT golf course, as well as easy freeway access. This nearly-new home with modern construction, exceptional utility savings, premium upgrades, and an oversized corner lot represents the best value in Paradiso. Don't miss this opportunity - schedule your private showing today!
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017