$1,450,000
●
House -
Off Market
48781 Renewal Street
Indio, CA 92201
4 Beds
4 Baths,
1
Half Bath
2,931 Ft²
$1,682,552
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Yes! Montage at Santa Rosa The Most desirable investment property's
in the Coachella Valley! Calling all investors this home is being
Sold Turnkey Furnished! With Coachella Fest and Stagecoach
Returning now is the time to lock in your home for all the gains to
come. Home Is equipped with everything you need for a short term
rental. Including a 3 car garage with additional 3 car space to
park in the driveway. Set up as a 4 Bedroom home easy to convert to
a 5 bedroom. (Ask me how) Mountain Views wonderful loggia with
built in BBQ side yard to set up a putting green or ping pong
table. Master bedroom has huge walk in closet double vanity soaking
tub and separate shower stall. Three full bathrooms and powder
room. Low maintenance landscaping. This home is ready for you
to turn it into a cash cow!!! Call now for more details.
Unit Size
2,931 Ft²
Days on Market
126 days
Land Size
0.32 acres
Price per sqft
$510
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
2005
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Cap Rate Calculator
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Monthly Rental Income
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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: 3 years ago (CRMLS #219063814DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2025 | Listed | $1,747,000 | |
| Listed | |||
| | |||
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 21, 2021 | Listed by HomeSmart | $1,495,000 | |
| Listed by HomeSmart | |||
| Jun 3, 2021 | Listed | $1,550,000 | |
| Listed | |||
| | |||
|
Yes! Montage at Santa Rosa The Most desirable investment property's in the Coachella Valley! Calling all investors this home is being Sold Turnkey Furnished! With Coachella Fest and Stagecoach Returning now is the time to lock in your home for all the gains to come. Home Is equipped with everything you need for a short term rental. Including a 3 car garage with additional 3 car space to park in the driveway. Set up as a 4 Bedroom home easy to convert to a 5 bedroom. (Ask me how) Mountain Views wonderful loggia with built in BBQ side yard to set up a putting green or ping pong table. Master bedroom has huge walk in closet double vanity soaking tub and separate shower stall. Three full bathrooms and powder room. Low maintenance landscaping. This home is ready for you to turn it into a cash cow!!! Call now for more details. The manager has listed the unit size as 2931 square feet.
| |||
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: Angela Maciel-Gibbons, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063814DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063814DA
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