$490,000
●
House -
Off Market
43498 Torphin Hill Place
Indio, CA 92201
2 Beds
2 Baths
1,764 Ft²
$2,926
Est. Monthly
$475
HOA / Fees
6.67%
Cap Rate
About This Property
Beautiful Hidden GEM in the Coachella Valley, this home is on a
golf course offers an ideal blend of comfortable living and
leisurely pursuits. With its prime location overlooking the lush
greens, residents can enjoy stunning views and easy access to
recreational activities. All appliances included new dishwasher.
This home features various amenities, spacious bedrooms, and
well-appointed bathrooms, making it a perfect retreat for golf
enthusiasts or those seeking a serene lifestyle.The 2-bedroom,
2-bathroom building built in 2004 offers 1,764 square feet of
living space. Located within the Heritage Palms community in Indio,
a street away from La Quinta it provides an ideal setting for
those aged 55 and over who enjoy golfing, food, beverage, events.
fitness, yoga, aerobics, pickle ball, crafts, tennis, billiards,
active lifestyle, and an incredible professional club management
team. Easy access to the 1-10 Freeway by Jefferson street.
Unit Size
1,764 Ft²
Days on Market
141 days
Land Size
0.20 acres
Price per sqft
$283
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2004
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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 #219108744DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | Listed by Compass | $499,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Enedina Hurtado, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219108744DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219108744DA
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