$825,000
●
House -
Off Market
48734 Meandering Cloud Street
Indio, CA 92201
5 Beds
6 Baths,
1
Half Bath
3,610 Ft²
$1,302,834
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
This is the one you have been waiting for ! A 5 BR Luxury Vacation
Home in Montage at Santa Rosa. Sold Turnkey Furnished. This
Executive home has all of the upgrades and appointments you are
looking for in a luxury vacation rental investment. Salt Water Pool
& Spa, Built In BBQ with Granite Island and Fridge. Flat Screen
T.V.'s, 24 X 24 Travertine Floors, Wood Beams, Game Table, Nest
installed. Surround Sound, Too many upgrades to list them all.
These 5 BR's rarely come on to the market as they are perfect
investments as there is NO restriction on short term rentals. This
home legally sleeps 14! Walk to Coachella, StageCoach, perfect for
family get togethers or Holidays, Weddings, Etc. Currently in a
Vacation Rental Program, Financials available on request. Low HOA's
in a gated community.
Unit Size
3,610 Ft²
Days on Market
43 days
Land Size
0.30 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
$126
Year Built
2005
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (CRMLS #218008442DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2020 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by Douglas Elliman of California, Inc. | $899,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| | |||
|
Luxury 5 BR home in Montage at Santa Rosa sold Turnkey Furnished! All the upgrades you could wish for plus excellent vacation rental investment. Salt water pool & spa, built-in BBQ with Granite Island and Fridge. Travertine floors, wood beams, game table, surround sound & too many upgrades to list all. No rental restrictions. Low HOA in a lovely, gated community!
| |||
| Apr 26, 2018 | Sold | ||
| Sold | |||
| Mar 14, 2018 | Listed by California Lifestyle Realty | $849,000 | |
| Listed by California Lifestyle Realty | |||
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Geri Dardi, California Lifestyle Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218008442DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218008442DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017