$948,000
●
House -
Off Market
48467 Rainbow Bridge Place
Indio, CA 92201
4 Beds
4 Baths,
1
Half Bath
2,764 Ft²
$960,992
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Beautiful home on one of the largest lots in the division. Four
bedrooms , 3.5 baths, remodeled master suite area. Outdoor living
at its best. Large pool and Jacuzi, large outdoor kitchen area. A
must see.
Unit Size
2,764 Ft²
Days on Market
33 days
Land Size
0.32 acres
Price per sqft
$343
Property Type
House
Property Taxes
-
HOA Dues
$140
Year Built
2012
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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: 3 years ago (CRMLS #219075893DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 25, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Shaffer Realty and Mortgage | $948,000 | |
| Listed by Shaffer Realty and Mortgage | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 30, 2020 | In contract | - | |
| In contract | |||
| Jan 14, 2020 | Listed | $559,000 | |
| Listed | |||
| | |||
|
Welcome to the Bridge at Jeffferson! Constructed in 2012 with great attention to detail, this beautiful 2764 sq ft home includes 4 bedrooms and 4 bathrooms on a generous 13,939 sq ft over sized lot! This home is very inviting with an open floor plan perfect for entertaining. Walk in to a great living space that flows perfectly to the open kitchen, inviting for all. The spacious master bedroom leads out to the backyard surrounded by citrus trees. Walk further outside to your open over-sized backyard pool entertainment area perfect for large gatherings. With a pebble tec pool and spa and an outdoor kitchen bar there is plenty of room for accommodating guests! Complete your desert evening by relaxing in the Spa while gazing at the evening stars. For a full time residence or second home this is a fantastic opportunity! The manager has listed the unit size as 2764 square feet.
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Michael Pinter, Shaffer Realty and Mortgage
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075893DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075893DA
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