Listed by: Torey Severino and Asso..., Bennion Deville Homes
$273,500
●
House -
Off Market
40692 Carmel Mountain Drive
Indio, CA 92203
3 Beds
2 Baths
2,517 Ft²
$545,935
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model
About This Property
Standard sale in the LOW HOA community of Shadow Hills! This nicely
upgraded 3 bd, 2 ba with Den/ Bonus room(could be converted into a
4th bd)has a private pool, spa,3 car garage, RV, boat or other
vehicle parking and lush landscaping with citrus trees. Granite
counters, tile floors, wall to wall newer lush carpeting,
fireplace, new ceiling fans, new window treatments and new trellis
cover over the back patio and pool area. Minutes to all the
shopping your family would need and close to world class golf
courses, casino's and I-10 for quick commute to other cities in the
Coachella Valley. Don't miss this fantastic home at a great price!
Unit Size
2,517 Ft²
Days on Market
40 days
Land Size
0.19 acres
Price per sqft
$111
Property Type
House
Property Taxes
-
HOA Dues
$75
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: 2 years ago (CRMLS #21482578DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2013 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Listed by Bennion Deville Homes | $279,900 | |
| Listed by Bennion Deville Homes | |||
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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ft²
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HOA + Taxes
About Indio
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Listed by: Torey Severino and Asso..., Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21482578DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21482578DA
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