$345,000
●
House -
Off Market
44365 Royal Lytham Drive
Indio, CA 92201
2 Beds
2 Baths
1,553 Ft²
$515,792
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Lovely home on the 13th green with panoramic views of the golf
course, mountains & LAKE. Secluded far away from golf carts & golf
balls! Home offer 2BR/2BA/Den. Extended covered patio with
panoramic views! Furnished option available per inventory.
Magnificent panoramic view of the fairway from inside the home.
Open floor plan with gourmet kitchen with slab granite, pantry,
breakfast nook with bay window. Includes spacious great room and
inside laundry room. Home features, plantation shutters, upgraded
lighting, ceiling fans & coffered ceilings. Large Master Suite
w/coffered ceiling, walk-in closet & large master bathroom. Private
guest room w/ Murphy Bed and private bathroom. 2-car garage w/lots
of storage & a golf cart available! Heritage Palms is an active 55+
gated community w/24-hour security & is centrally located. NO
INITIATION FEE. We own the golf course. Enjoy the 18-hole
championship golf course, newly remodeled clubhouse, restaurant &
lounge, fitness center, 4 lighted tennis & 4 lighted pickle-ball
courts & indoor/outdoor pool & spa. Many activities & clubs. Low
HOA dues & low IID electric rates.
Unit Size
1,553 Ft²
Days on Market
57 days
Land Size
0.13 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
$385
Year Built
1997
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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 #219033782DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2020 | Sold | ||
| Sold | |||
| Nov 11, 2019 | Listed by Bennion Deville Homes | $354,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Parking Available
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
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Baths
ft²
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Sold On
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HOA + Taxes
About Indio
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Listed by: Robert Waago, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219033782DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219033782DA
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