$439,000
●
House -
Off Market
42701 Incantata Place
Indio, CA 92203
4 Beds
2 Baths
1,920 Ft²
$2,456
Est. Monthly
$300
HOA / Fees
12.85%
Cap Rate
About This Property
Experience the charm of resort-style living at an affordable price
in this beautifully maintained Terra Lago home. Boasting 4 spacious
bedrooms, 2 Bathrooms, Its open floor plan is perfect for
entertaining, combining the warmth of a cozy atmosphere with the
convenience of a seamless flow. The large family room, connected to
the dining and kitchen areas, makes this home ideal for gatherings.
Two inviting guest rooms and a luxurious master suite with a
spa-like bathroom retreat complete this move-in-ready gem. The
finished garage features built-in cabinetry for added
functionality, while the upgraded outdoor space showcases a
stunning stone facade, stamped concrete, built-in shade structures,
and mature landscaping. Located in the premier Terra Lago gated
community, residents enjoy expansive water and mountain views,
walking trails, playgrounds, and top-tier amenities, including a
state-of-the-art fitness center, clubhouse, and pool-all included
in low monthly dues.
Unit Size
1,920 Ft²
Days on Market
57 days
Land Size
0.12 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
$300
Year Built
2009
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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: 2 years ago (CRMLS #CV25012361)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | Listed by Cal American Homes | $439,000 | |
| Listed by Cal American Homes | |||
| Sep 30, 2013 | Sold | ||
| Sold | |||
| Aug 15, 2013 | Listed by Coldwell Banker Realty | $197,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Experience resort style living at a fraction of the cost in this wonderfully maintained Terra Lago home. Featuring 3 full bedrooms with a den/bonus room this home shows like new. An open floor plan allows you the comfort of entertaining and enjoying company while maintaining a warm and cozy feel. A large family room connected to the dining and kitchen areas make this home flow really well. 2 guest rooms and spacious master suite with a bathroom retreat complete this move in ready charmer. The Garage is finished with built in cabinetry and The outdoor space has been upgraded nicely with a Beautiful stone facade,stamped concrete and built in shade structures complete with mature landscaping. Terra Lago is a premier community with expansive water and mountain views, walking trails and playgrounds. They offer a state of the art fitness center, clubhouse and pool area, all included in your low monthly dues. Also included are your homes cable and internet features. This Home is A must see!
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Jessie Rodriguez, Cal American Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV25012361
Last Updated: 2 years ago
Data Source: CRMLS, MLS# CV25012361
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