$610,000
●
House -
Off Market
42420 Cascata Street
Indio, CA 92203
4 Beds
3 Baths
2,026 Ft²
$613,519
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Welcome to Desert Collection - North Indio - *NO Mello Roos Tax* -
Low HOA. This home presents 4 bedrooms (guest casita w/ separate
entrance), 3 bathrooms, pebble tech pool & spa, open floor plan,
plus fire place. Kitchen boasts granite counter tops, custom
back-splash, upgraded appliances with 5 burner cook top, plus
pendent lighting. Master bedroom shows off great size with a
private entrance to the backyard. Each bathroom has custom granite
counter tops w/ back-splash to match. The home has custom built
shutters on every window and slider. The property sits on a corner
lot that is fully landscaped with grass, desert scape, and fruit
trees. The private courtyard features custom pavers that ties into
the attached guest casita. Welcome home & enjoy life at Desert
Collection in North Indio!!
Unit Size
2,026 Ft²
Days on Market
74 days
Land Size
0.18 acres
Price per sqft
$291
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: 3 years ago (CRMLS #219081264DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Desert Elite Properties, Inc. | $589,900 | |
| Listed by Desert Elite Properties, Inc. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Indio
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Listed by: Charles Scicli, Desert Elite Properties, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219081264DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219081264DA
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