$300,000
●
Condo -
Off Market
44357 Royal Lytham Drive
Indio, CA 92201
2 Beds
2 Baths
1,468 Ft²
$412,249
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
PROPERTY DESCRIPTION:Inverness model, 2 bedroom, 2 bath. Remodeled
Kitchen with granite counter tops and custom cabinets. Plantation
shutters, wood plank style floor tile, ceiling fans, Coffered
ceilings, walk-in closets. Garage has epoxy floor and storage
cabinets. Beautiful front courtyard with fireplace.
Extended covered rear patio. New air with high tech cost
cutting features. Landscaped with night lighting.The common areas
include indoor and outdoor swimming pools, 31,000 sq ft clubhouse
with bar and restaurant, pro shop, auditorium, billiards, card
room, library, gym. There are also tennis courts, pickle ball,
driving range and a putting green. HOA dues includes the use
of the above plus Internet, Cable, HBO, Showtime, trash and sewers.
Subscribing residents may also use the World class Arthur Hills 18
hole championship golf course.
Unit Size
1,468 Ft²
Days on Market
44 days
Land Size
0.11 acres
Price per sqft
$231
Property Type
Condo
Property Taxes
-
HOA Dues
$400
Year Built
1997
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Cap Rate Calculator
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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 #219058822DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Gibraltar Realty | $339,000 | |
| Listed by Gibraltar Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Garage, Garage Door Opener, On Street
Garage Spaces: 2
Open Parking Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 10
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Coffered Ceilings, High Ceilings, Open Floorplan, Storage, All Bedrooms Down, Main Level Primary, Walk In Pantry, Walk In Closets
Appliances: Dishwasher, Gas Cooking, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Water Heater
Flooring Type: Concrete, Tile, Wood
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Has Fireplace
Outside
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1997
Parcel Number: 606330035
Home Type: Residential
Architectural Style: Mediterranean
Builder Name: U.S. Homes
Foundation Details: Slab
Roof: Concrete, Tile
Window Features: Shutters
Construction Materials: Stucco
Outdoor Living Structures: Concrete, Covered, Deck
Lot Information: Back Yard, Close To Clubhouse, Front Yard, Irregular Lot, Lawn, Landscaped, Level, Planned Unit Development, Paved, Sprinkler System, Yard
Lot Size Dimensions: 55x105
Lot Size Source: Assessor
Lot Size Acres: 0.11
Utilities Details
Cooling Type: Central Air, Electric, Zoned
Heating Type: Forced Air, Fireplaces, Natural Gas
Utilities: Cable Available
Location Details
Association Fee Includes: Sewer
Association Amenities: Bocce Court, Billiard Room, Clubhouse, Sport Court, Fitness Center, Golf Course, Maintenance Grounds, Game Room, Meeting Banquet Party Room, Paddle Tennis, Recreation Room, Security, Tennis Courts, Trash, Cable Tv
Association Fee: $400
Association Fee Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community, Twenty Four Hour Security, Resident Manager
Subdivision: Heritage Palms CC
High School District: Desert Sands Unified
Subdivision Name: Heritage Palms CC
Directions: East of Jefferson on Fred Waring at Heritage Palms South (guarded entrance) turn right, take first left to end, turn right to address (1/4 mile) Cross Street: Royal Lytham Dr and Lark Hill Ct.
Other Details
Listing Terms: CashToNewLoan
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2023
| |
2 Bed
|
2 Bath
|
1468 ft²
|
$459,900
2 Bed
2 Bath
1468 ft²
|
-
-
|
Cheryl Ponto
Century 21 Award
|
|
03/12/2021
| |
2 Bed
|
2 Bath
|
1468 ft²
|
$339,000
2 Bed
2 Bath
1468 ft²
|
$300,000
-11.50%
04/26/2021
|
Frank Moser
Gibraltar Realty
|
|
05/03/2019
| |
2 Bed
|
2 Bath
|
1468 ft²
|
$269,900
2 Bed
2 Bath
1468 ft²
|
-
-
|
-
|
|
01/19/2018
| |
2 Bed
|
2 Bath
|
1468 ft²
|
$249,000
2 Bed
2 Bath
1468 ft²
|
$245,000
-1.61%
02/28/2018
|
Robert Waago
Bennion Deville Homes
|
Building Info
About Indio
Similar Homes for Sale
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$2,750 /mo
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Listed by: Frank Moser, Gibraltar Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058822DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219058822DA
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