Listed by: Alicia Zendejas, HomeSmart
$29,000
●
Land -
Off Market
0 Dillon Avenue
Indio, CA 92201
Studio
0 Bath
$50,328
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Seller financing available!!! Great location in Indio, close to
many shopping areas, very close to DMV, freeway, and schools. Lot
is good to build a house or a duplex, it's zoned RH wish allows
SFR, multi family or apartments (buyer to verify).
Unit Size
-
Days on Market
9 days
Land Size
0.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #218008892DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 3, 2021 | In contract | - | |
| In contract | |||
| Feb 26, 2021 | Listed by Capitis Land | $44,500 | |
| Listed by Capitis Land | |||
| | |||
|
This is an excellent opportunity for builder or investor.Property is Zoned R-H (High Density Residential). Perfect for a tri-plex or possibly 4 units with approvals from the city. City is supportive of rental units due to lack of supply of housing for working community.There is access to the lot from both Dillon Ave on the north and Verbena Lane on the south. Provides for opportunities in creative design for access. The property has sidewalk on Dillon plus an existing curb-cut in place.
| |||
| Mar 28, 2018 | Sold | ||
| Sold | |||
| Mar 19, 2018 | Listed by HomeSmart | $32,500 | |
| Listed by HomeSmart | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Sold On
Sold On
HOA + Taxes
About Jewel Park
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Listed by: Alicia Zendejas, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218008892DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218008892DA
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