Listed by: Julio Axel Alatriste, I Heart Real Estate, Inc.
$321,000
●
House -
Off Market
45472 Deglet Noor Street
Indio, CA 92201
5 Beds
3 Baths
2,900 Ft²
$469,181
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
Amazing home in one of Indio's most desirable areas. Spacious
open 5 bedroom/3 bathroom floor plan at a attractive
price. Gourmet kitchen with granite countertops with hardwood
floors the ultimate entertainers delight. The large master
suite offers great separation from the other bedrooms. Solar OWNED
panels provided tremendous energy savings. Solar panels PAID OFF!
Save $300-$500 per month in electricity! Garage conversation
attached private studio with kitchenette and bathroom that rents
out for $600-$800 per month. Delight endless sunsets with private
yard with pool and backyard barabque. Welcome Home!!
Unit Size
2,900 Ft²
Days on Market
58 days
Land Size
0.22 acres
Price per sqft
$112
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #219035255PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 18, 2023 | Listed by Pacific Sotheby's Int'l Realty | $525,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
There's so much potential here at 45472 Deglet Noor Street! This 5 bedroom, 3 bathroom home has 2 HVAC systems, paid solar, a laundry area off the kitchen, a fireplace in living room, a large pool, a covered hot tub, and a large covered patio. There's ample off-street parking. With no HOA, this home is perfect for Airbnb, VRBO, etc. The separate building in the back would be a perfect Man Cave or She Shed. The seller is very motivated, so bring all offers! Financials available for 2020 & 2021. The manager has listed the unit size as 2900 square feet.
| |||
| Jan 17, 2023 | No longer available | - | |
| No longer available | |||
| Dec 9, 2022 | Price Decreased |
$525,000
↓ $50K
(8.7%) | |
| Price Decreased | |||
| Oct 15, 2022 | Price Decreased |
$575,000
↓ $14K
(2.4%) | |
| Price Decreased | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Gillette Park
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Listed by: Julio Axel Alatriste, I Heart Real Estate, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219035255PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219035255PS
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