$278,000
●
House -
Off Market
47036 Via Sorrento
Indio, CA 92201
3 Beds
2 Baths
1,232 Ft²
$397,543
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Welcome to the City of Indio CA Also know as the city of
festivals. This home is centrally located with in distance of the
Riverside Country Fairgrounds, Larson Justice Center, Fire
Department, Riverside County Building Law. The pool and spa was
fully redone with now concrete, The entire kitchen was remodel with
new kitchen cabinets and granite counter tops new lightning,
Brand new garage motor with wifi connection, open floor
concept. All the interior and exterior were painted. Tile
throughout the inside of the home, The current list price is
the Appraised FHA value. Please call for more information.
Unit Size
1,232 Ft²
Days on Market
150 days
Land Size
0.16 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #219032630DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 26, 2020 | Sold | ||
| Sold | |||
| Oct 27, 2019 | Listed by JM Desert Real Estate | $278,000 | |
| Listed by JM Desert Real Estate | |||
| | |||
|
Welcome to the City of Indio CA Also know as the city of festivals. This home is centrally located with in distance of the Riverside Country Fairgrounds, Larson Justice Center, Fire Department, Riverside County Building Law. The pool and spa was fully redone with now concrete, The entire kitchen was remodel with new kitchen cabinets and granite counter tops new lightning, Brand new garage motor with wifi connection, open floor concept. All the interior and exterior were painted. Tile throughout the inside of the home, The current list price is the Appraised FHA value. Please call for more information.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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HOA + Taxes
About Indio
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Listed by: Juan Martinez, JM Desert Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219032630DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219032630DA
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