$885,000
●
House -
Off Market
48759 Sojourn Street
Indio, CA 92201
5 Beds
4 Baths
3,560 Ft²
$1,212,217
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
Unit Size
3,560 Ft²
Days on Market
19 days
Land Size
0.30 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
$125
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: 3 years ago (CRMLS #219047599DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | Listed by Compass | $885,000 | |
| Listed by Compass | |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
| Aug 28, 2018 | Listed | $824,900 | |
| Listed | |||
| | |||
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This gorgeous recently remodeled home comes fully furnished with high quality, contemporary furnishings, brand new lighting fixtures and ceiling fans, and a fantastic gourmet kitchen. Used as a short-term rental property for the last several years, this property is located near the Coachella Music Festival in the Montage at Santa Rosa development, one of the few communities that expressly authorizes short term rentals. The home boasts an extensive wall of windows that opens up the family room to the spacious outside patio - showcasing a large Pebble Tec pool with tanning shelf, built-in barbecue grill and al-fresco dining. Home includes a casita with private entrance. Offered furnished per inventory. The manager has listed the unit size as 3560 square feet.
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Property Highlights
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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: Anthony Bauer, Compass
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047599DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219047599DA
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