$230,000
●
House -
Off Market
40837 Bearsmouth Lane
Indio, CA 92203
3 Beds
2 Baths
1,840 Ft²
$445,169
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
Pride of ownership is evident throughout this inviting 3 bdr desert
home, situated on a corner lot and surrounded by pristine
landscaping with lots of space to create. The home is bathed in
warm colors that harmonize beautifully with the surrounding
mountains and grounds. The seamless and spacious floor plan
features tile and carpet flooring throughout, a tile-surround
fireplace and media niche in the living room. The chef's Kitchen
completes the open plan with gleaming granite countertops,
warm-finished cabinetry, stainless steel appliances and walk-in
pantry. Master bedroom is light and airy, featuring a spa-style
bath with glass surround shower, sunken tub, dual sinks and large
walk-in closet. Spacious guest rooms feature recessed windows that
add unique character. Sonora Wells is a much desired community
offering 7 parks (including a dog park), walking paths, a community
pool and resort-style entertainment area. It's all waiting for you
and your family!
Unit Size
1,840 Ft²
Days on Market
135 days
Land Size
0.19 acres
Price per sqft
$130
Property Type
House
Property Taxes
-
HOA Dues
$152
Year Built
2009
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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: 11 months ago (CRMLS #214005157DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2014 | Sold | ||
| Sold | |||
| Feb 5, 2014 | Listed by Keller Williams Luxury Homes | $239,500 | |
| Listed by Keller Williams Luxury Homes | |||
| | |||
|
Pride of ownership is evident throughout this inviting 3 bdr desert home, situated on a corner lot and surrounded by pristine landscaping with lots of space to create. The home is bathed in warm colors that harmonize beautifully with the surrounding mountains and grounds. The seamless and spacious floor plan features tile and carpet flooring throughout, a tile-surround fireplace and media niche in the living room. The chef's Kitchen completes the open plan with gleaming granite countertops, warm-finished cabinetry, stainless steel appliances and walk-in pantry. Master bedroom is light and airy, featuring a spa-style bath with glass surround shower, sunken tub, dual sinks and large walk-in closet. Spacious guest rooms feature recessed windows that add unique character. Sonora Wells is a much desired community offering 7 parks (including a dog park), walking paths, a community pool and resort-style entertainment area. It's all waiting for you and your family!
| |||
Property Highlights
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Rob Zwemmer, Keller Williams Luxury Homes
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 214005157DA
Last Updated: 11 months ago
Data Source: CRMLS, MLS# 214005157DA
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