$326,000
●
House -
Off Market
41246 Corte Alto Collina
Indio, CA 92203
3 Beds
2 Baths,
1
Half Bath
2,177 Ft²
$488,204
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model
About This Property
Ideal open floor plan with over 2200 sq.ft. of living space ideally
located in the prestigious Palazzo gated community. Built in 2014
this home has over $22K in builder upgrades. Boasting an overall
contemporary look this home offers a spacious kitchen and wide
center island with breakfast bar, Caesar stone counter-tops and
stainless-steel appliances. The custom kitchen cabinetry has
recessed under lighting that highlights a gorgeous vibrant glass
backsplash. Adjacent to the dining area with its elegant teardrop
lighting is the formal living room with gas fireplace and majestic
mantel. The front office/den leads to 3 oversized bedrooms with 2
baths. The master bath offers dual sinks, standing shower and
soaking tub, along with a generously sized walk-in closet. Green
features include a tankless hot water heater and low E2 vinyl
windows that filters out heat. The low monthly HOA provides a
children's playground and recreational/pet run. Call to schedule a
tour.
Unit Size
2,177 Ft²
Days on Market
43 days
Land Size
0.17 acres
Price per sqft
$151
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
2014
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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 #219007239DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed by Desert Sands Realty | $329,000 | |
| Listed by Desert Sands Realty | |||
| Feb 16, 2019 | Price Decreased |
$349,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
| Nov 17, 2018 | Listed | $369,000 | |
| Listed | |||
| | |||
|
A Modern energy efficient home with almost 2200 sq.ft. of living space ideally located in the prestigious Palazzo gated community. The open floor plan model built in 2014 has over $22K in builder upgrades. Boasting an overall contemporary look this home offers a spacious kitchen and wide center island with breakfast bar, Caesar stone countertops and stainless-steel appliances. The custom kitchen cabinetry has recessed under lighting that highlights a gorgeous vibrant glass backsplash. Adjacent to the dining area with its elegant teardrop lighting is the formal living room with gas fireplace and majestic mantel. The front office/den leads to 3 oversized bedrooms with 2 baths. The master bath offers dual sinks, standing shower and soaking tub, along with a generously sized walk-in closet. Green features include a tankless hot water heater and low E2 vinyl windows that filters out heat. The low monthly HOA provides a children's playground and recreational/pet run. Call to schedule a tour. The manager has listed the unit size as 2177 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
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sylvia Gaffney, Desert Sands Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219007239DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219007239DA
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