$549,000
●
House -
Off Market
43558 Campo Place
Indio, CA 92203
3 Beds
2 Baths
2,122 Ft²
$620,244
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
Great Investment Property or Family home in the Popular and
Beautiful community of Terra Lago! This open concept property
boasts 3 bedrooms with an office/den that can be used as a 4th
bedroom if you choose and 2 bathrooms in nearly 2200 square feet of
living space, a wide open floor plan that is perfect for
entertaining family and friends and 3 car tandem garage. The great
room has a cozy fireplace and looks out on to the lush and
professionally landscaped back yard. The large lot has plenty
of room for a pool, just waiting for you to create your private
oasis!
Unit Size
2,122 Ft²
Days on Market
50 days
Land Size
0.19 acres
Price per sqft
$283
Property Type
House
Property Taxes
-
HOA Dues
$285
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 #219080435DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | In contract | - | |
| In contract | |||
| Apr 6, 2023 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Jan 21, 2023 | Listed by Desert Sotheby's Int'l Realty | $950,000 | |
| Listed by Desert Sotheby's Int'l Realty | |||
| | |||
|
Huge price adjustment! Call today to see this amazing short-term rental opportunity in Terra Lago! Freshly renovated and ready for the savvy investor looking to generate passive income. Rarely on the market, SINGLE level TURKEY furnished home offers 5 bedrooms, 3 full baths, spacious great room design, and a NEW custom lap pool, spa, and outdoor kitchen in the oversized and private backyard! Currently an active Airbnb, this HOA allows Short Term Rentals! Terra Lago has low HOA dues, and great amenities, including gated community with security guard at the gate, a beautiful clubhouse, fitness center, kids pool, lap pool, kids playground, a man-made lake for paddle boats, and catch & release fishing plus internet and cable TV are included in the HOA dues. This is the perfect investment opportunity with all the amenities to attract festival-goers, and vacationers year-round! The manager has listed the unit size as 2122 square feet.
| |||
| Aug 4, 2022 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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HOA + Taxes
About Indio
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Listed by: Steve Enlow, Desert Sands Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080435DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080435DA
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