48621 Marin Court
About This Property
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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 |
|---|---|---|---|
| Jan 14, 2023 | No longer available | - | |
| No longer available | |||
| Jan 7, 2023 | Listed by Hacienda Group, Inc | $719,900 | |
| Listed by Hacienda Group, Inc | |||
| | |||
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The Best value in all of West Indio, this Beauty sits in the Lovely Family Community of Estacio on a Cul-De-Sac. The home Boasts almost 2,400 Sq. Ft with 3 bedrooms, 3 baths and an Entertaining Great Room that opens into the Dining Rm and Chefs Kitchen. Kitchen features Stainless Steel Appliances, Granite and much more. The detached Casita with Bath is an Amazing Feature as you can host your Guest or lease it out for a Pretty Penny. The 3rd Car Garage was converted into a Cool Office. The Exterior has a Pool, Spa and a Stunning Built In BBQ area with lots of Concrete Seating, built into the decorative wall. This could be the Perfect Home, come see it Today! The manager has listed the unit size as 2357 square feet.
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| Oct 17, 2021 | No longer available | - | |
| No longer available | |||
| Oct 3, 2021 | Listed by Hacienda Agency, Inc. | $699,900 | |
| Listed by Hacienda Agency, Inc. | |||
| | |||
|
The Best value in all of West Indio, this Beauty sits in the Lovely Family Community of Estacio on a Cul-De-Sac. The home Boasts almost 2400 Sq Ft with 3 bedrooms, 3 baths and an Entertaining Great Room that opens into the Dining Rm and Chefs Kitchen. Kitchen features Stainless Steel Appliances, Granite and much more. The detached Casita with Bath is an Amazing Feature as you can host your Guest or lease it out for a Pretty Penny. The 3rd Car Garage was converted into a Cool Office. The Exterior has a Pool, Spa and a Stunning Built In BBQ area with lots of Concrete Seating, built into the decorative wall. This could be the Perfect Home, come see it Today! The manager has listed the unit size as 2357 square feet.
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| Apr 30, 2015 | Sold | ||
| Sold | |||
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017