$285,000
●
House -
Off Market
47800 Madison Street Unit # 153
Indio, CA 92201
2 Beds
2 Baths
900 Ft²
$317,795
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
One of the cleanest and most desirable properties within the Sunny
Side Estates community. This 2 bedroom 2 bath property is a great
starter home and a must see! Centrally located only minutes to
hiking, polo, shopping, dining & entertainment! Low HOA dues of
$185.00 Amenities includes Tennis court, community pool and Spa
park and a Club house. Located in lower-priced IID electrical
service area! BUYERS do not over look this property.
Unit Size
900 Ft²
Days on Market
45 days
Land Size
0.06 acres
Price per sqft
$317
Property Type
House
Property Taxes
-
HOA Dues
$185
Year Built
-
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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 #219068194DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Listed by NextHome Select | $399,000 | |
| Listed by NextHome Select | |||
| | |||
|
'Beautiful home located in the Sunnyside Estates community, conveniently situated near major shopping centers and Indio Festival sites. This home features 3 bedrooms and 2 bathrooms, with tile floors throughout. The kitchen boasts quartz countertops, stainless steel appliances, and a built-in wine refrigerator. Additional highlights include a two-car garage, an updated kitchen, a community pool, and a clubhouse available for private events. Buyers are encouraged to verify all information.'
| |||
| Nov 12, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Ana Perez, Gina Fernandez, Broker
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219068194DA
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219068194DA
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