$342,000
●
House -
Off Market
40814 Carmel Mountain Drive
Indio, CA 92203
3 Beds
2 Baths
2,517 Ft²
$545,123
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Located in the gated community of Shadow Hills, this 2,517 SF
(est.) home, has 3 Beds, 2 Baths, and a Den. Just minutes from
shopping and other great North Indio amenities, this home has the
perfect Desert location. The large Kitchen has stainless steel
appliances, granite countertops and laminate wood flooring which
extends into the Great Room. The Great Room has ample space for
entertaining family and friends and feels comfortable and cozy with
a corner fireplace. Moving outside, the serenity of the private
backyard is made even more beautiful by the soothing sounds of the
rock waterfall over the pool. The Large Master Bedroom has a
beautiful Bathroom with oval tub, glass enclosed shower, dual sinks
and a Retreat Room that could be converted into an attached Casita.
Complete with a 3-Car Garage and a finished side-yard this house is
a great option for those looking for homes in this quiet and
peaceful community. Act now while this beautiful home is still on
the market!
Unit Size
2,517 Ft²
Days on Market
167 days
Land Size
0.18 acres
Price per sqft
$143
Property Type
House
Property Taxes
-
HOA Dues
$86
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 #218012912DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by RE/MAX Consultants | $365,000 | |
| Listed by RE/MAX Consultants | |||
| | |||
|
Large Pool and Spa Home behind the gates of Shadow Hills Community in North Indio. Home boast over 2,500 square feet! 3 large bedrooms plus extra large room that is perfect for an office and or guest room, 2 large full bathrooms and upgrades throughout. Beautiful wood like flooring, granite counter-tops, stainless steel appliances, 2 tone paint throughout, ceiling fans in every bedroom, wood like blinds throughout, mirrored closet doors, sliding door in Master that leads to the backyard. Home includes a recently installed reverse osmosis water system that cost $8,900 which is included with the home plus new surround speakers for the home theater experience. Gorgeous pool and spa with large rock waterfall, plus large grass area. 3 car garage with extra parking on the side. This home is priced to sell listed just a tad over $145 dollars per square foot. Currently this is the only home in Shadow Hills for sale with a pool and spa.
| |||
| Oct 13, 2018 | No longer available | - | |
| No longer available | |||
| Oct 10, 2018 | Sold | ||
| Sold | |||
| May 29, 2018 | Listed | $359,900 | |
| Listed | |||
| | |||
|
Located in the gated community of Shadow Hills, this 2,517 SF (est.) home, has 3 Beds, 2 Baths, and a Den. Just minutes from shopping and other great North Indio amenities, this home has the perfect Desert location. The large Kitchen has stainless steel appliances, granite countertops and laminate wood flooring which extends into the Great Room. The Great Room has ample space for entertaining family and friends and feels comfortable and cozy with a corner fireplace. Moving outside, the serenity of the private backyard is made even more beautiful by the soothing sounds of the rock waterfall over the pool. The Large Master Bedroom has a beautiful Bathroom with oval tub, glass enclosed shower, dual sinks and a Retreat Room that could be converted into an attached Casita. Complete with a 3-Car Garage and a finished side-yard this house is a great option for those looking for homes in this quiet and peaceful community. Act now while this beautiful home is still on the market! The manager has listed the unit size as 2517 square feet.
| |||
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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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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: Jelmberg Team, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218012912DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218012912DA
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