$285,000
●
House -
Off Market
44358 Royal Lytham Drive
Indio, CA 92201
2 Beds
2 Baths
1,382 Ft²
$441,337
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
On the 12th fairway of the famous Arthur Hills 18 hole Championship
Golf Course is this 2 bedroom 2 bath single family attached home
with court yard entry, private patio and south east views, with
golf cart path on the other side of fairway with no houses. Very
clean home has tile through-out except for closet. Bay windows
accent eat-in kitchen breakfast area and master bedroom with
coffered ceiling accented by lush green views of the golf course
from most rooms. Heritage Palms CC is an active 55+ gated community
w/24-hour security & is centrally located. No INITIATION FEE. We
own the golf course. Enjoy the golf course, newly remodeled
clubhouse, restaurant & lounge, fitness center, 4 lighted tennis
courts & pickle ball courts, indoor/outdoor pool & spa. Many
activities and clubs. Low HOA dues and IID electric rates.
Unit Size
1,382 Ft²
Days on Market
36 days
Land Size
0.10 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
$375
Year Built
1998
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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 #218005072DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2018 | Sold | ||
| Sold | |||
| Feb 13, 2018 | Listed by HK Lane Real Estate | $285,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Jackie Klein, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218005072DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218005072DA
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