Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
$585,000
●
House -
Off Market
48752 Cascade Street
Indio, CA 92201
3 Beds
4 Baths
3,308 Ft²
$1,072,882
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model
About This Property
Huge Price Reduction! Enjoy the desert indoor/outdoor lifestyle at
this highly upgraded home at Montage at Santa Rosa. Featuring an
oversized lot with a deep rear yard, the pool & spa area offers you
a choice of soaking up the sun or relaxing in the shade. The desert
themed landscape is sure to impress your family & friends. Walking
through this three bedroom, four bath, plus den & dining rm, luxury
home you'll be sure to appreciate the attention to detail &
numerous designer touches. High ceilings, rounded doorway arches,
oversized tile floors & impressive lighting fixtures are just a few
of the important features awaiting you. The chef's kitchen offers a
large center island, granite counters & backsplash, stainless steel
appliances and more. The large master suite overlooks the pool area
& offers private access to the patio. The luxurious master bath
includes granite counters, oversized tile, a huge spa tub & a large
walk-in closet is a must see!
Unit Size
3,308 Ft²
Days on Market
419 days
Land Size
0.33 acres
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
$126
Year Built
2004
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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 #214009182DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by Desert Sotheby's International Realty | $1,500,000 | |
| Listed by Desert Sotheby's International Realty | |||
| | |||
|
Great Investment Opportunity. Montage at Santa Rosa is Short Term Rental friendly community. Homes in this development rent for top dollar due to their proximity to the music festivals and year-round activities and events. The inviting open floor plan flows with high ceilings. The gourmet kitchen has an expansive island to entertain your guests while you cook. Stainless steel appliances and granite slab countertops complete the upgraded look. The Master retreat is spacious and well-appointed with an enormous walking closet. You can relax in the master bathroom soaking tub. The backyard has a covered area to dine or relax that overlooks the pool and spa. Very low maintenance patio with astroturf and concrete decking. Parking is not a problem; you have three full-car garages and a deep driveway.
| |||
| May 5, 2015 | Sold | ||
| Sold | |||
| Mar 12, 2014 | Listed by Keller Williams Luxury Homes | $599,000 | |
| Listed by Keller Williams Luxury Homes | |||
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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About Indio
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Listed by: Sheri Dettman and Assoc..., Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214009182DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214009182DA
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