$559,990
●
House -
Off Market
42405 Solicio Way
Indio, CA 92203
3 Beds
3 Baths,
1
Half Bath
2,224 Ft²
$3,030
Est. Monthly
$280
HOA / Fees
10.11%
Cap Rate
About This Property
Located on an Extra Large Lot!!! This Evora plan home features 3
bedrooms, 2.5 bathrooms, with a home office and large covered
patio. The Great room includes a huge multi-slide glass door
perfect for indoor/outdoor living. Expertly designed with our
Farmhouse inspired selections the kitchen is appointed with white
cabinets accented with floating shelves, matte black hardware, and
Steel Grey Granite counters. The private Primary Suite located on
the first floor includes dual sinks, a step-in shower and huge
walk-in closet. Upstairs a large loft and 2 bedrooms complete this
home. Washer and Dryer included! Don't miss out on this home!
***Prices subject to change, photos may be of a model home
or virtually staged, actual home will vary. ******Possible Rate
Buy-Down programs available when choosing Sellers preferred lender.
**
Unit Size
2,224 Ft²
Days on Market
68 days
Land Size
0.13 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
$280
Year Built
2023
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Cap Rate Calculator
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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 #219107329DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by K Hovnanian Homes, Inc. | $559,990 | |
| Listed by K Hovnanian Homes, Inc. | |||
Property Highlights
Air Conditioning
Garage
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: Michelle Nguyen, K Hovnanian Homes, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107329DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107329DA
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