$419,000
●
House -
Off Market
42239 Olympus Drive
Indio, CA 92203
4 Beds
4 Baths,
1
Half Bath
2,793 Ft²
$587,028
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
Look No Further! This 4 bedroom and 4 bath home is nearly 3,000
SqFt! This home offers a greatroom concept (open kitchen to living
room) and split bedrooms. Kitchen is highlighted by recessed
lighting, granite counters, large island, stainless steel
appliances with gas stove, ample cabinet space and adjacent
fireplace. Bedrooms boast beautiful tile floors and ceiling fans.
Spacious master bath offers separate tub and shower and a dual
vanity. Covered patio lets you enjoy sunshine days even at the
height of the summer heat and an occasional rain. Indoor laundry
and attached two- car garage complete this superb home. Located in
highly desirable Mountain Estates community with low HOA ($110.00)
and close proximity to Interstate 10 freeway makes this home a
perfect 10!
Unit Size
2,793 Ft²
Days on Market
54 days
Land Size
0.20 acres
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
$110
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: 3 years ago (CRMLS #219049151PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Sep 5, 2020 | Listed by Bennion Deville Homes | $439,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Garage
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
Similar Homes for Sale
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Listed by: Emma Dixon, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219049151PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219049151PS
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