$325,000
●
House -
Off Market
47415 Lagoon Court
Indio, CA 92201
3 Beds
2 Baths
1,650 Ft²
$483,043
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Updated 3 bed 2 bath Home in Montego Dunes. This house is a sight
to see with Wood Vinyl Plank Flooring throughout, Fresh
Paint, as well as Plantation Shutters and Stainless Steel
Appliances. This house comes with an outdoor dining and seating
area for dinner and drinks on those cool Fall evenings. The
Attached 2 car garage is decked out with a separate wall Air
Conditioning unit and ArmorPoxy finished floors. Montego Dunes is a
quiet, Family Friendly Neighborhood with it's own Park making this
a perfect home for a Family's Primary Residence or any Part Timers
looking for a Vacation Home. An added bonus is that it is 3.5 Miles
from the Empire Polo Fields and 3.8 Miles from the Indian Wells
Tennis Gardens which both host many events. The family living here
has been able to rent this property out the past six years for the
festival weekends. On the boarder of La Quinta and Indio this house
is centrally located near Golf Courses, Dining and Shopping in Old
Town La Quinta.
Unit Size
1,650 Ft²
Days on Market
42 days
Land Size
0.16 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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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: 2 years ago (CRMLS #219030734DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2022 | Sold | ||
| Sold | |||
| Jul 26, 2022 | Listed by Coldwell Banker Realty | $529,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
SHORT TERM RENTAL FRIENDLY. Come take a look at this beautifully updated 3 bed 2 bath Home located on a quiet cul de sac in Montego Dunes. This house is a must see with Wood Vinyl Plank Flooring throughout, Fresh Paint, as well as Plantation Shutters, Stainless Steel Appliances and quartz counter tops. This house comes with an outdoor dining and seating area for dinner and drinks on those cool Fall evenings. The Attached 2 car garage has a separate wall Air Conditioning unit, ArmorPoxy finished floors and prewired for a Tesla charger. Montego Dunes is a quiet, Family Friendly Neighborhood with it's own Park making this a perfect home for a Family, second home owner, or investor. Come take a look before it's gone.
| |||
| Nov 8, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by KUD Properties, Inc. | $330,000 | |
| Listed by KUD Properties, Inc. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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Listed On
Closing Price
Sold On
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HOA + Taxes
About Indio
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Listed by: Gabriel Ortiz, KUD Properties, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219030734DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219030734DA
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