$335,107
●
House -
Off Market
41344 Edwards Court
Indio, CA 92203
4 Beds
2 Baths,
1
Half Bath
2,491 Ft²
$423,988
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Beautiful home in the gorgeous Desert Trace gated community boasts
4 bedrooms w/ 2.5 baths at an almost 2500 square foot open floor
plan. The large living room with fireplace is adjacent to the
spacious kitchen with stainless steel appliances, granite counter
tops, an abundance of cabinet space, and a center island with
breakfast bar. The master bedroom with its wide master
bathroom and rear patio access is secluded to one side of the home
apart from the other bedrooms offering more privacy.
Additional features include a laundry room with wash sink, a
tank-less hot water heater, and a 2-car garage with custom built-in
storage cabinets. This ideal location is conveniently located
near local schools, public parks and walking paths as well as
shopping plazas, fuel stations and medical clinics. Please note
that the community itself has a very low HOA fee in comparison to
most other developments in the area and is well cared for by a
competent management team. Please call to schedule a tour today as
we are expecting this aggressively priced home to sell quickly.
Unit Size
2,491 Ft²
Days on Market
61 days
Land Size
0.19 acres
Price per sqft
$120
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2016
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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 #219040520DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by Desert Sands Realty | $300,000 | |
| Listed by Desert Sands Realty | |||
| | |||
|
Beautiful home in the gorgeous Desert Trace gated community boasts 4 bedrooms w/ 2.5 baths at an almost 2500 square foot open floor plan. The large living room with fireplace is adjacent to the spacious kitchen with stainless steel appliances, granite counter tops, an abundance of cabinet space, and a center island with breakfast bar. The master bedroom with its wide master bathroom and rear patio access is secluded to one side of the home apart from the other bedrooms offering more privacy. Additional features include a laundry room with wash sink, a tank-less hot water heater, and a 2-car garage with custom built-in storage cabinets. This ideal location is conveniently located near local schools, public parks and walking paths as well as shopping plazas, fuel stations and medical clinics. Please note that the community itself has a very low HOA fee in comparison to most other developments in the area and is well cared for by a competent management team. Please call to schedule a tour today as we are expecting this aggressively priced home to sell quickly.
| |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Sylvia Gaffney, Desert Sands Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219040520DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219040520DA
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