$695,000
●
House -
Off Market
47861 Poseidon Circle
Indio, CA 92201
4 Beds
2 Baths
1,724 Ft²
$3,389
Est. Monthly
About This Property
Active Airbnb property! No HOA fees. This home in Villa Montego
offers a comprehensive package, nestled in a tranquil cul-de-sac
with RV parking and close proximity to Coachella music festivals,
golf courses, and entertainment. Plus, it features owned solar
panels! The kitchen showcases exquisite granite countertops, a tile
backsplash, upgraded stainless steel appliances, luxurious dark
wood cabinets, a generously sized center island, and an expansive
walk-in pantry. Adjacent to the kitchen is a spacious great room
with diagonal sixteen-inch laminate flooring and a fresh coat of
paint throughout the interior. Outside, there's a wonderful outdoor
entertaining space with a pool, spa, covered patio, and palapa. The
landscaping includes pink guava, pomegranate trees, and chili
plants. The property has a solar.
Unit Size
1,724 Ft²
Days on Market
71 days
Land Size
0.17 acres
Price per sqft
$400
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
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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 #GD24240188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Listed by Evernest Realty Group | $690,000 | |
| Listed by Evernest Realty Group | |||
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2022 | Listed by BHG DESERT LIFESTYLE PROPERTIES | $677,000 | |
| Listed by BHG DESERT LIFESTYLE PROPERTIES | |||
| | |||
|
AMAZING Short-term rental! NO HOA on fee land (you own) This Indio home has it all! Located in the beautiful community of Villa Montego on a quiet cul-de-sac with RV parking, close to music festivals, golfing, and entertainment. OWNED SOLAR!!! Seller will pay off solar contract at COE. Rental projections included in the documents. Gorgeous granite countertops and tile backsplash in cook's kitchen with upgraded stainless appliances, beautiful dark wood cabinets, oversized center island and huge walk-in pantry. Spacious great room off kitchen with diagonal sixteen-inch tile on floors AND it's been freshly painted throughout interior! Fantastic outdoor entertaining area including pool, spa, covered patio, and palapa. Landscape includes pink guava, pomegranate tree and chili plants.
| |||
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Property Highlights
Garage
Parking Available
Air Conditioning
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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HOA + Taxes
About Indio
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Listed by: Magda Mavian, Evernest Realty Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD24240188
Last Updated: 2 years ago
Data Source: CRMLS, MLS# GD24240188
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