$320,000
●
House -
Off Market
42305 Cascata Street
Indio, CA 92203
4 Beds
3 Baths
2,689 Ft²
$548,098
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Awesome opportunity for a big family home in Desert Collection!
Located across from Terra Lago Golf Club and down the street from
Fantasy Springs Casino, this is one of the valleys next upcoming
areas! When driving through the main gate, you will notice a well
cared for community with lots of local and year round residents...
and when walking into this home, you will notice a big & spacious
home in great shape with tile floors, designer paint scheme &
colors and new carpet in all bedrooms & closets. The chef in the
house will love the HUGE kitchen with granite counter tops,
built-in appliances, breakfast bar and eating area. Plus there is a
bonus room off the kitchen that can be used for an office, hobby
shop, workout or homework room! With 4 bedrooms including a guest
Casita, there is plenty of room for family, guests and/or a home
office. This super clean home has new carpets and is ready for
move-in! Come take a peek at this great home and neighborhood, you
will be impressed!
Unit Size
2,689 Ft²
Days on Market
112 days
Land Size
0.17 acres
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
$98
Year Built
2005
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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: 6 months ago (CRMLS #215034488DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2016 | Sold | ||
| Sold | |||
| Nov 13, 2015 | Listed by Indian Springs Real Estate | $314,900 | |
| Listed by Indian Springs Real Estate | |||
| | |||
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Awesome opportunity for a big family home in Desert Collection! Located across from Terra Lago Golf Club and down the street from Fantasy Springs Casino, this is one of the valleys next upcoming areas! When driving through the main gate, you will notice a well cared for community with lots of local and year round residents... and when walking into this home, you will notice a big & spacious home in great shape with tile floors, designer paint scheme & colors and new carpet in all bedrooms & closets. The chef in the house will love the HUGE kitchen with granite counter tops, built-in appliances, breakfast bar and eating area. Plus there is a bonus room off the kitchen that can be used for an office, hobby shop, workout or homework room! With 4 bedrooms including a guest Casita, there is plenty of room for family, guests and/or a home office. This super clean home has new carpets and is ready for move-in! Come take a peek at this great home and neighborhood, you will be impressed!
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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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Chris Casas, Indian Springs Real Estate
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 215034488DA
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 215034488DA
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