48045 Chandler Court
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Indian Springs Real Estate | $1,139,000 | |
| Listed by Indian Springs Real Estate | |||
| | |||
|
Discover the ultimate ''desert life'' in this expansive 6-bedroom, 3-bathroom home on a generous 10,890 sq ft resort-style lot. Enter through a bright foyer into a tastefully designed interior with elegant furnishings. Upstairs, you'll find 4 bedrooms, including a luxurious primary suite, 2 bathrooms, a loft with a second living area, and a computer workstation. The main floor offers 2 additional bedrooms (w/den conversion) and a bathroom, totaling 6 bedrooms and 3 bathrooms inside the home with the 4 bathroom located in the outdoor pool cabana.The chef's kitchen features ample cabinets, granite countertops, a prep island, a large pantry, and a breakfast nook with sliding glass doors leading to the patio and pool. The outdoor area is a true haven, with an expanded patio, putting green, pool, spa, and a cabana with an outdoor kitchen and an additional bathroom for poolside entertaining.Additional highlights include an extended driveway for RV and boat storage behind a secure gate along with dual Bosch condensers for the HVAC system. Situated in the heart of Indio, the ''City of Festivals,'' this property is within walking distance to the festival site and offers income potential during festivals or on weekends with no STVR restrictions. Come take a look and you won't want to miss out on this fantastic home, property, and opportunity to live in paradise on Chandler Court!
| |||
| Mar 9, 2024 | No longer available | - | |
| No longer available | |||
| Nov 7, 2023 | Price Decreased |
$1,299,000
↓ $96K
(6.9%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 3 Beds
- 2 Baths
- 2,284 ft²
$9,000 /mo
- 2 Beds
- 2 Baths
- 2,013 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017