$585,000
●
House -
Off Market
44027 Royal Troon Drive
Indio, CA 92201
2 Beds
2 Baths
1,707 Ft²
$3,397
Est. Monthly
$475
HOA / Fees
5.87%
Cap Rate
About This Property
Incredible golf course and mountain views await you in this 2
bedroom/2 bathroom home plus a den. This Merion floor plan has an
open great room and a large covered patio which is great for
entertaining! The garage has separate golf cart storage plus
cabinet space. The enclosed front courtyard adds curb appeal and
charm. This home is located in the gated 55+ resort community of
Heritage Palms. With a championship 18-hole golf course, full pro
shop, restaurant & lounge, fitness center, tennis courts,
pickleball courts, indoor/outdoor pools, many social activities,
and 24/7 security, it's the perfect place to enjoy the desert
lifestyle!
Unit Size
1,707 Ft²
Days on Market
89 days
Land Size
0.14 acres
Price per sqft
$349
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
1999
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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: 2 years ago (CRMLS #219103300DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2024 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by Riviera West Realtors, Inc. | $595,000 | |
| Listed by Riviera West Realtors, Inc. | |||
| | |||
|
Incredible golf course and mountain views await you in this 2 bedroom/2 bathroom home plus a den. This Merion floor plan has an open great room and a large covered patio which is great for entertaining! The garage has separate golf cart storage plus cabinet space. The enclosed front courtyard adds curb appeal and charm. This home is located in the gated 55+ resort community of Heritage Palms. With a championship 18-hole golf course, full pro shop, restaurant & lounge, fitness center, tennis courts, pickleball courts, indoor/outdoor pools, many social activities, and 24/7 security, it's the perfect place to enjoy the desert lifestyle!
| |||
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
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Type
Beds
Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
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HOA + Taxes
About Indio
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Listed by: Jennifer McKee, Riviera West Realtors, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219103300DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219103300DA
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