$525,000
●
House -
Off Market
41163 Morris Street
Indio, CA 92203
3 Beds
2 Baths
1,379 Ft²
$2,802
Est. Monthly
$106
HOA / Fees
10.70%
Cap Rate
About This Property
This beautiful pool residence, featuring 3 bedrooms and 2 baths, is
situated in the charming, gated Shadow Hills community. Ideal for
both a large family and social gatherings, its open layout offers
ample space. The kitchen boasts granite countertops, a sizable
island, and stainless steel appliances. A vast great room equipped
with an entertainment center and sound system invites guest
entertainment. Throughout the home, tile and laminate floors are
complemented by ceiling fans in the living areas and bedrooms. Both
bathrooms are fitted with granite countertops, with the master
bathroom also offering dual sinks. Additionally, a generous two-car
garage and an extended driveway provide abundant parking. The
backyard is a highlight, with a saltwater pool and spa, granite
bar, gas fire pit and BBQ, covered patio, and a privacy wall
crafted from block, all set against a backdrop of mature
landscaping and tranquil mountain vistas. Extra space for visitors
is provided by paved RV parking at the rear.
Unit Size
1,379 Ft²
Days on Market
75 days
Land Size
0.21 acres
Price per sqft
$398
Property Type
House
Property Taxes
-
HOA Dues
$106
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: 3 years ago (CRMLS #219108903DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2025 | Listed | $570,000 | |
| Listed | |||
| | |||
|
Beautiful 3-bedroom, 2-bath pool home located in the desirable gated community of Shadow Hills--perfect for first-time home buyers. This spacious residence features an open floor plan ideal for comfortable family living and entertaining. The kitchen boasts granite countertops, a large island, and stainless steel appliances, opening to a generous great room complete with an entertainment center and sound system.Tile and laminate flooring run throughout the home, complemented by ceiling fans in all living areas and bedrooms. Both bathrooms feature granite vanities, and the primary suite includes dual sinks for added convenience. Additional highlights include a two-car garage, an extended driveway, and paved RV parking.The backyard is an entertainer's paradise, offering a saltwater pool and spa, granite bar, gas fire pit, BBQ, covered patio, privacy wall, and mature landscaping--all set against breathtaking mountain views. The home is situated in an ideal location, close to shopping centers and with easy freeway access, making daily living exceptionally convenient.
| |||
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Mar 23, 2024 | Listed by eXp Realty Of Southern California Inc | $549,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
Property Highlights
Air Conditioning
Garage
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: Peyson Robertson, eXp Realty Of Southern California Inc
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219108903DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219108903DA
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