$265,000
●
House -
Off Market
45964 Meritage Lane
Coachella, CA 92236
2 Beds
2 Baths
1,375 Ft²
$297,461
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Beautiful 2 bedroom -2 bath house with lots of upgrades. Granite
Counter tops throughout. The kitchen has breakfast bar, lots
of storage space and a huge pantry. Cooks dream. Gas range
and oven.. LIving room has gas fireplace and a wet bar.
Laundry room is spacious with a deep well sink and cabinets
for storage. Master bedroom has walk in closet and bath has
large shower with bench. Dual sinks and medicine cabinets.
Guest bedroom also has walk in closet. 2nd bath is full
bath with tub and access from 2nd bedroom and for guests.
This house backs up to exterior block wall fence. Back
patio is covered and great for entertaining. There is also a front
patio to enjoy the Valley sunsets.
Unit Size
1,375 Ft²
Days on Market
92 days
Land Size
0.11 acres
Price per sqft
$196
Property Type
House
Property Taxes
-
HOA Dues
$185
Year Built
2006
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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: 8 months ago (CRMLS #219067499DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Sep 13, 2021 | Listed by HomZ Real Estate Group | $270,000 | |
| Listed by HomZ Real Estate Group | |||
| | |||
|
Beautiful 2 bedroom -2 bath house with lots of upgrades. Granite Counter tops throughout. The kitchen has breakfast bar, lots of storage space and a huge pantry. Cooks dream. Gas range and oven.. LIving room has gas fireplace and a wet bar. Laundry room is spacious with a deep well sink and cabinets for storage. Master bedroom has walk in closet and bath has large shower with bench. Dual sinks and medicine cabinets. Guest bedroom also has walk in closet. 2nd bath is full bath with tub and access from 2nd bedroom and for guests. This house backs up to exterior block wall fence. Back patio is covered and great for entertaining. There is also a front patio to enjoy the Valley sunsets.
| |||
Property Highlights
Garage
Fireplace
Parking Available
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 Coachella
Similar Homes for Sale
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Listed by: Patricia Nugent, HomZ Real Estate Group
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219067499DA
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219067499DA
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