$850,000
●
House -
Off Market
48649 Sojourn Street
Indio, CA 92201
6 Beds
6 Baths
3,446 Ft²
$1,232,417
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Vacation Rental, Vacation Rental, Vacation Rental! This outstanding
property sits within the highly desirable community of Montage!
With 6 bdrms/4 baths-many of the updated new features include
amazing backyard with pavers and pebbletech pool., custom kitchen
with new SS appliances, custom granite counter tops, new
interior/exterior paint This property is not only beautiful on the
interior, but it is highly private & perfect for entertaining on
the exterior with a refreshed BBQ, new fire pit, & all NEW patio
furniture including an outdoor TV & seating galore! Less than 1
mile from the Polo Grounds, this home would make a perfect vacation
rental as there are no rental restrictions in Montage! Come, fall
in love and bring us an offer!
Unit Size
3,446 Ft²
Days on Market
125 days
Land Size
0.30 acres
Price per sqft
$255
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
2004
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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 #219037939DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 3, 2020 | Sold | ||
| Sold | |||
| Apr 25, 2020 | In contract | - | |
| In contract | |||
| Mar 9, 2020 | Listed | $879,000 | |
| Listed | |||
| | |||
|
Vacation Rental, Vacation Rental, Vacation Rental! This outstanding property sits within the highly desirable community of Montage! With 6 bdrms/4 baths-many of the updated new features include amazing backyard with pavers and pebbletech pool., custom kitchen with new SS appliances, custom granite counter tops, new interior/exterior paint This property is not only beautiful on the interior, but it is highly private & perfect for entertaining on the exterior with a refreshed BBQ, new fire pit, & all NEW patio furniture including an outdoor TV & seating galore! Less than 1 mile from the Polo Grounds, this home would make a perfect vacation rental as there are no rental restrictions in Montage! Come, fall in love and bring us an offer! The manager has listed the unit size as 3446 square feet.
| |||
| Jan 29, 2020 | Listed by Compass | $879,000 | |
| Listed by Compass | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Anthony Bauer, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219037939DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219037939DA
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