$485,000
●
House -
Off Market
43989 Medinah Drive
Indio, CA 92201
2 Beds
0 Bath
2,061 Ft²
$637,211
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
SPECTACULAR Mountain & Golf Course Views from this beautiful home.
This 2061 sq.ft. updated Southampton plan features efficient desert
landscaping with artificial turf front yard, 2 bedrooms plus a
DEN/OFFICE with attractive opaque dbl glass french doors and
built-in Murphy bed with storage. The dual A/C units as well as the
water heater with recirculating pump have also recently been
replaced. Dramatic large marble tile flooring with high baseboards
throughout this open and bright layout featuring a one of a kind
custom ceiling detail over the island kitchen that has beautiful
slab granite counters, stainless steel appliances and dark mocha
stained cabinetry. Upgraded picture windows to maximize the
spectacular golf & mountain views and floor to ceiling slate stone
detailing around the family room fireplace. The large master suite
with optional sliding door to the rear patio also has his and hers
walk-in closets, updated large marble tiled shower and dual
vanities. The guest bathroom also has the marble shower updating.
The garage has epoxy flooring and the optional golf cart storage
area. Heritage Palms is an adult community featuring an 18 hole
championship golf course
Unit Size
2,061 Ft²
Days on Market
147 days
Land Size
0.12 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
$385
Year Built
2000
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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: 4 months ago (CRMLS #219046757DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Riviera West Realtors, Inc. | $485,000 | |
| Listed by Riviera West Realtors, Inc. | |||
| | |||
|
SPECTACULAR Mountain & Golf Course Views from this beautiful home. This 2061 sq.ft. updated Southampton plan features efficient desert landscaping with artificial turf front yard, 2 bedrooms plus a DEN/OFFICE with attractive opaque dbl glass french doors and built-in Murphy bed with storage. The dual A/C units as well as the water heater with recirculating pump have also recently been replaced. Dramatic large marble tile flooring with high baseboards throughout this open and bright layout featuring a one of a kind custom ceiling detail over the island kitchen that has beautiful slab granite counters, stainless steel appliances and dark mocha stained cabinetry. Upgraded picture windows to maximize the spectacular golf & mountain views and floor to ceiling slate stone detailing around the family room fireplace. The large master suite with optional sliding door to the rear patio also has his and hers walk-in closets, updated large marble tiled shower and dual vanities. The guest bathroom also has the marble shower updating. The garage has epoxy flooring and the optional golf cart storage area. Heritage Palms is an adult community featuring an 18 hole championship golf course
| |||
Property Highlights
Garage
Air Conditioning
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Phil Freebern, Riviera West Realtors, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219046757DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219046757DA
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