$617,990
●
House -
Off Market
42406 Solicio Way
Indio, CA 92203
3 Beds
3 Baths
2,554 Ft²
$3,022
Est. Monthly
$125
HOA / Fees
9.92%
Cap Rate
About This Property
This spacious residence sits on an expansive lot within the
sought-after Aguila community at Terra Lago. Presenting our
sought-after two-story Oban floor plan, it offers a generous 2,554
square feet of living space. Featuring 3 bedrooms, 3 bathrooms, a
home office, and an upstairs loft area, it caters to modern living
needs. Designed with sophistication in mind, the interior showcases
our Farmhouse inspired Looks interior selections. The kitchen is
appointed with pristine White cabinets, Artic White Quartz
countertops, a substantial island, ample pantry space, and
Stainless-steel Appliances. The Primary Suite exudes luxury with
its double walk-in closets and spa-like bath. Upstairs, a sizable
loft provides additional living space, accompanied by 2 more
bedrooms. Luxury Vinyl plank flooring adorns the living areas,
while plush carpeting upstairs adds comfort, completing the allure
of this stunning home. * All photos are electronic
renderings of model likeness, price and photos are subject to
change *
Unit Size
2,554 Ft²
Days on Market
36 days
Land Size
0.13 acres
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
-
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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 #219106510DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 14, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by K Hovnanian Homes, Inc. | $589,990 | |
| Listed by K Hovnanian Homes, Inc. | |||
Property Highlights
Air Conditioning
Garage
Comparables
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Baths
ft²
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About Indio
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Listed by: Michelle Nguyen, K Hovnanian Homes, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219106510DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219106510DA
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