$340,000
●
House -
Off Market
40676 Morris Street
Indio, CA 92203
4 Beds
3 Baths
2,107 Ft²
$516,185
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Price Reduced, Motivated Seller on this Beautiful Open spaced
living room and kitchen with views to Pool and Spa. This property
has a unique layout 4 bedrooms and 3 bathrooms with the opportunity
to convert a room into a casita. Fresh Interior Painting and move
in ready. Located in Shadow Hills with Low HOA's $87.00
Unit Size
2,107 Ft²
Days on Market
91 days
Land Size
0.18 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
$87
Year Built
2004
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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: 4 months ago (CRMLS #219006619DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2024 | No longer available | - | |
| No longer available | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Dec 8, 2023 | Price Decreased |
$585,000
↓ $14K
(2.3%) | |
| Price Decreased | |||
| Oct 15, 2023 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Sep 29, 2023 | Listed by Berkshire Hathaway HomeServices California Properties | $615,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
Private Pool Home! Property located in the private community of Shadow Hills. Introducing a stunning property ready to delight and captivate! This home offers 4 bedrooms and 3 bathrooms, dining area, living room, laundry room area, providing ample space for you and your loved ones.The granite kitchen counters, while the inclusion of all appliances ensures convenience and ease.The open floor plan further enhances the flowing nature of the home, making it ideal for entertaining and creating cherished memories with family and friends.Partially furnished.Step outside to discover your personal oasis, complete with a sparkling pebble tech pool and a relaxing spa. This property has RV access, allowing you to bring along your favorite recreational vehicles.Low HOA fee community is impeccably maintained and features a picnic gazebo, greenbelt park along with a dog walking paths park. The manager has listed the unit size as 2107 square feet.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Indio
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Listed by: Brenda Sanchez, C 21 Coachella Valley RE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219006619DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219006619DA
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