$447,500
●
House -
Off Market
42927 Cusino Court
Indio, CA 92203
2 Beds
2 Baths
2,036 Ft²
$492,138
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Huge price reduction! Live the Resort Lifestyle behind the gates of
Four Seasons Terra Lago 55+ community. This adorable Inspiration
Peak model is offered furnished. Inside features 2 bedrooms plus a
den/office, open floor plan, 18x18 ceramic tile, huge island
kitchen, granite counters, beautiful mahogany wood cabinetry
w/bushed nickel knobs, walk-in pantry, stainless steel appliances,
microhood, recessed lighting throughout, inside laundry w/sink,
huge utility closet, 2'' blinds throughout, spacious primary suite,
double vanity sinks, separate tub & shower, walk-in closet. This
home sits on a cul-de-sac with low maintenance landscaping, fully
covered patio cover. Low HOA w/ tons of amenities at The Lodge.
indoor & outdoor resort style pool, salon, fitness center, tennis
courts, 7 pickleball courts, recently renovated bocce ball courts.
Hop in your golf cart and play at Terra Lago Golf Club. Close to
freeway & casinos.
Unit Size
2,036 Ft²
Days on Market
92 days
Land Size
0.14 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
$220
Year Built
2016
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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: 16 days ago (CRMLS #219068902DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2022 | Sold | ||
| Sold | |||
| Oct 12, 2021 | Listed by The Desert Life Realty | $454,990 | |
| Listed by The Desert Life Realty | |||
| Nov 3, 2016 | Sold | ||
| Sold | |||
| Mar 19, 2016 | Listed by K Hovnanian Homes, Inc. | $296,363 | |
| Listed by K Hovnanian Homes, Inc. | |||
| | |||
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Lodge is Now Open! Four Seasons at Terra Lago in Indio is our newest upcoming community for those 55 and better! This brand new collection of homes at Terra Lago will feature single family homes up to approximately 2,747 square feet and up to 4 bedrooms. These open home designs feature spacious living areas perfect for functional living. Next to Terra Lago's Golf Course it's perfect to enjoy and entertain family and friends. Four Seasons is known for its resort-style living, and that's just what you'll find at The Lodge clubhouse. At this approximately 22,000 sq. ft. facility you will experience incredible amenities such as a state-of-the-art fitness center with an aerobics/yoga studio, ballroom, beauty salon with massage room, and an indoor pool. Outdoors, you will find a resort-style pool with spa and cabanas, a bocce ball court, tennis courts, and so much more! This guard gated active adult community features fun activities, clubs and events for all of your interests
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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: Nicole Smith, The Desert Life Realty
Last Updated: 16 days ago
Data Source: CRMLS, MLS# 219068902DA
Last Updated: 16 days ago
Data Source: CRMLS, MLS# 219068902DA
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