$80,000
●
House -
Off Market
44925 Oasis Street
Indio, CA 92201
1 Bed
1 Bath
600 Ft²
$122,764
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Great investment in the heart of downtown Indio! This 7,382 sq ft
lot is zoned commercial. This property is waiting to be developed,
it is to be sold together with the adjacent property at 44911 Oasis
st. MLS# DW18057868 which is listed at $280,000 the adjacent lot
measures 15,000 sq ft. This location would be perfect for a
Starbucks, restaurant, office building or other commercial use. The
property is about 60 ft from the shopping district along Miles Ave
and close to the civic center and park. The current structure is a
1 bedroom 1 bath home next door are 4 more 1 bedroom 1 bath home.
All 5 single family homes are being sold for $360,000...The current
rents are low with plenty of upside. No FHA due to
zoning buyer needs to be all cash or have at least 30 to 35% down.
Unit Size
600 Ft²
Days on Market
39 days
Land Size
0.17 acres
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1938
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (CRMLS #DW18057851)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 20, 2018 | Sold | ||
| Sold | |||
| Mar 12, 2018 | Listed by Century 21 Allstars | $80,000 | |
| Listed by Century 21 Allstars | |||
| Jul 29, 2017 | Listed | $80,000 | |
| Listed | |||
| | |||
|
Great investment in the hart of downtown Indio! This 7,382 sq ft lot is zoned commercial. This property is waiting to be developed, it is to be sold together with the adjacent property at 44911 Oasis st. which is listed at $399,000 the adjacent lot measures 15,000 sq ft. This location would be perfect for a Starbucks, restaurant, office building or other commercial use. The property is about 60 ft from the shopping district along Miles Ave and close to the civic center and park. The current structure is a 1 bedroom 1 bath home. The manager has listed the unit size as 600 square feet.
| |||
| Jul 9, 2017 | Listed | $80,000 | |
| Listed | |||
| | |||
|
Great investment in the hart of downtown Indio! This 7,382 sq ft lot is zoned commercial. This property is waiting to be developed, it is to be sold together with the adjacent property at 44911 Oasis st. which is listed at $399,000 the adjacent lot measures 15,000 sq ft. This location would be perfect for a Starbucks, restaurant, office building or other commercial use. The property is about 60 ft from the shopping district along Miles Ave and close to the civic center and park. The current structure is a 1 bedroom 1 bath home. The manager has listed the unit size as 600 square feet.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Armando Gonzalez, Century 21 Allstars
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW18057851
Last Updated: 4 months ago
Data Source: CRMLS, MLS# DW18057851
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017