$240,000
●
House -
Off Market
45494 King Palm Drive
Indio, CA 92201
4 Beds
0 Bath
2,020 Ft²
$454,363
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Reduced! Wow you won't want to miss this one! Spacious 4 bedroom 3
bath built in 2000 on a great size lot with an in ground pool and
spa. The floor plan is open and bright with just over 2000sf. Enjoy
the cozy fireplace on those cool winter nights and relax by the
pool on the warm summer days. The Seller has just freshly painted
the interior so you can move right in! This is a Fannie Mae
Homepath property and can be purchased for as little as 5% down.
This property qualifies for Fannie Mae Homepath financing, plus,
the property qualifies for HomePath Renovation Financing
Unit Size
2,020 Ft²
Days on Market
131 days
Land Size
0.17 acres
Price per sqft
$121
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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Cap Rate Calculator
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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: 4 months ago (CRMLS #214010972DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2014 | Sold | ||
| Sold | |||
| Mar 18, 2014 | Listed by Prime Properties of The Desert | $244,900 | |
| Listed by Prime Properties of The Desert | |||
| | |||
|
Reduced! Wow you won't want to miss this one! Spacious 4 bedroom 3 bath built in 2000 on a great size lot with an in ground pool and spa. The floor plan is open and bright with just over 2000sf. Enjoy the cozy fireplace on those cool winter nights and relax by the pool on the warm summer days. The Seller has just freshly painted the interior so you can move right in! This is a Fannie Mae Homepath property and can be purchased for as little as 5% down. This property qualifies for Fannie Mae Homepath financing, plus, the property qualifies for HomePath Renovation Financing
| |||
Property Highlights
Garage
Air Conditioning
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: Margaret Biello, Prime Properties of The Desert
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 214010972DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 214010972DA
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