$439,000
●
House -
Off Market
40914 Corte Los Corderos
Indio, CA 92203
2 Beds
2 Baths
1,823 Ft²
$576,775
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Sun City Shadow Hills- San Emilio. Located on a quiet cul de
sac, a short distance to the Montecito Clubhouse, this home has a
spacious south-east facing rear yard with a beautiful salt-water
pool & spa, extended patio & spacious side yard. A leaded glass
front door provides curb appeal. Inside, tile flooring is in all
but the bedrooms & den which have bamboo flooring. Upgraded window
treatments and fans are throughout. The greatroom has a fireplace
w/mantle. Off the greatroom is a den/office. The kitchen has slab
granite counters, cabinets w/pullout shelves, a breakfast bar,
pendant, recessed & under counter lighting & double wall ovens.
Raised panel cabinetry is in the kitchen, bathrooms & laundry. The
master suite has a large walkin closet & a door to the rear patio.
The master bathroom has dual sinks, & a stall shower w/glass
enclosure. A shower/tub is in the guest bathroom. Bathroom surfaces
are corian. The laundry room has abundant cabinetry & a utility
sink. The 2 car garage has a nook for golfcart or other storage.
Unit Size
1,823 Ft²
Days on Market
59 days
Land Size
0.18 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
$275
Year Built
2005
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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: 3 years ago (CRMLS #219050903DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Oct 6, 2020 | Listed by Coldwell Banker Realty | $439,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
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Listed by: Michael Horne, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219050903DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219050903DA
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