Listed by: Conrado Delagarza, Redfin Corporation
$215,000
●
House -
Off Market
43601 Main Street
Indio, CA 92201
3 Beds
2 Baths
1,436 Ft²
$311,395
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Attention investors and owner occupants looking for an affordable
home with many bonuses! This 3 BR / 2 BA / 2 car garage property
has fresh paint and new carpet in the bedrooms (2020)! The
living / dining / kitchen has an open flow; with freshly painted
cabinets, lots of windows, and tile floors throughout. There
are three big bedrooms; one has private access to the big backyard.
There is a detached BONUS casita with it's own cabinets and
bath that is not counted in the bedroom and bathroom count.
The huge backyard includes an in-ground swimming pool! The
detached, two car garage and the in-home laundry area are great
features, too! This home is located in a census tract that
qualifies for 100% financing option with no PMI (private mortgage
insurance) and $3,500 from lender for buyer's closing costs. Seller
will entertain all reasonable offers. Bring your HGTV and DIY
talents to this RARE opportunity home!
Unit Size
1,436 Ft²
Days on Market
33 days
Land Size
0.26 acres
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #219040914DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Redfin Corporation | $219,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Air Conditioning
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About North Indio Ranchos
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Listed by: Conrado Delagarza, Redfin Corporation
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219040914DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219040914DA
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