$291,744
●
House -
Off Market
42210 Summit
Indio, CA 92203
3 Beds
3 Baths,
1
Half Bath
2,583 Ft²
$556,621
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model
About This Property
Beautiful new Community called Mountain Estates in sought after N
Indio. All single story homes from 2351 sq ft - 2798 sq ft. FULLY
UPGRADED. This home has 3 bedrooms with 2.5 baths open living
spaces and covered patio for great outdoor living. D.R. Horton
presents Mountain Estates, a brand new gated community featuring 96
spacious, single-story floorplans with square footages ranging from
2,351 to 2,798 and up to 4 Bedrooms. Each residence includes an
open Kitchen and Great Room layout, which is perfect for
entertaining! The exteriors will be enhanced with Spanish, Hacienda
and Southwest architecture and highlighted with decorative stone,
wood corbels or iron treatments per plan. The community will
feature a neighborhood park.
Unit Size
2,583 Ft²
Days on Market
219 days
Land Size
0.18 acres
Price per sqft
$113
Property Type
House
Property Taxes
-
HOA Dues
$101
Year Built
2013
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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 #21480166DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2014 | Sold | ||
| Sold | |||
| Aug 21, 2013 | Listed by D.R. Horton, Inc | $291,990 | |
| Listed by D.R. Horton, Inc | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Paul Parkinson, D.R. Horton, Inc
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21480166DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21480166DA
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