$775,000
●
House -
Off Market
48680 Sojourn Street
Indio, CA 92201
3 Beds
3 Baths,
1
Half Bath
2,667 Ft²
$1,027,260
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Welcome to Montage at Santa Rosa! Beaming with luxury, this open
and bright home has been highly cared for and is perfect for a
vacation home or the entertainers lifestyle! A wonderful outdoor
oasis features a beautiful saltwater pool & spa, lush but low
maintenance landscaping, and a large covered patio... perfect for
the desert night ambiance! Look at the size of the lot! Plenty of
room to build a casita for an additional bedroom or office space!
Interior features include 2 large master suites with private
bathrooms and a guest room that can be used as a bedroom or office.
Other upgrades include an impressive and spacious gourmet kitchen
with double islands, wet bar, breakfast nook and dining area- all
open to the large great room.. great for entertaining or your
guests! With no rental restrictions and the Montage reputation of
successful vacation rentals, this wonderful home could be a
terrific investment for a second home or rental! Come, fall in love
with Montage, you will not be disappointed! Visit
www.mydeserthouse.com to schedule a showing!
Unit Size
2,667 Ft²
Days on Market
64 days
Land Size
0.30 acres
Price per sqft
$291
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 #219048793DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2020 | Sold | ||
| Sold | |||
| Sep 1, 2020 | Listed by Desert Sands Realty | $775,000 | |
| Listed by Desert Sands Realty | |||
| Jun 17, 2019 | No longer available | - | |
| No longer available | |||
| Feb 26, 2019 | Listed | $675,000 | |
| Listed | |||
| | |||
|
Absolutely Beautiful 3 bedroom, 2.5 bath home including TWO MASTER SUITES WITH ENSUITE BATHS!! Spacious Great Room, Media Niche, Custom Fireplace and Wet Bar with Glass Shelving! Gourmet Kitchen with Dual Islands, Slab Granite Counters and GE Profile Appliances! Cozy breakfast nook to read the morning paper! Formal Dining Area. Step out to the private rear yard and take a dip in the custom Pebble Tec Salt Water pool and spa! This is where it's happening!!! Fantastic location close to the Empire Polo Club, Coachella and Stagecoach music festivals, Tennis Gardens, Golf and Fine Dining!! This home is perfect for full time living or vacation rental. LOW HOA's of only $126.00 per month! Short term rentals are welcome! Be the first to see this fabulous home! YOU WILL LOVE IT!! The manager has listed the unit size as 2667 square feet.
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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
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ft²
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HOA + Taxes
About Indio
Similar Homes for Sale
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Listed by: Cristen Farnham, Desert Sands Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219048793DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219048793DA
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