$790,000
●
House -
Off Market
48788 Cascade Street
Indio, CA 92201
4 Beds
3 Baths,
1
Half Bath
3,182 Ft²
$1,162,819
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
The incredible home with a contemporary vibe is located in the
gated community of Montage. With nearly 3,200 square feet of
open living space including 4 bedrooms, one of which is a detached
casita, 4 bathrooms and an office that can be converted into a 5th
bedroom. The great room with fireplace is spacious and adjacent the
gourmet kitchen with center island. A master suite with
access to the rear yard has a gorgeous master bath and large
walk-in closet. Situated on an oversized corner lot,
this fabulous home has a large pool and spa with stone water
feature and tanning shelf, automatic awning, patio bar area and an
outdoor fireplace make this the perfect home for entertaining.
Complete with a three car garage and solar system for added
savings. Montage is one of the rare gated communities to allow
short-term rentals and is within close walking distance to the
world famous festival / polo grounds - home to Coachella Fest and
Stagecoach. Do not miss this incredible buyer's opportunity.
Unit Size
3,182 Ft²
Days on Market
42 days
Land Size
0.35 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
$126
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: 4 months ago (CRMLS #219033399DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by Brick House Estates, Inc. | $1,675,000 | |
| Listed by Brick House Estates, Inc. | |||
| | |||
|
Here is your chance to buy in the highly sought-after community of Montage at Santa Rosa. This beautifully remodeled 6-bedroom home (including a detached casita) has unbelievable money-making potential, as the HOA allows Short-term rentals. Montage is located a short distance from Coachella and Stagecoach, which makes this an incredible investment opportunity. Professionally decorated to the nines with an eclectic vibe. Offered fully, furnished...this is the opportunity you have been waiting for! The backyard highlights include a sparkling pool and spa, fire pit, grassy areas, play spaces, a peaceful hammock, an incredible detached casita, as well as a professional-grade outdoor kitchen. Additionally, this property has solar, which offsets the utility bill. Having such profitability, these Montage properties fly off the market, schedule your private tour today. Showing days/times are limited, as this popular property has guest stays booked throughout the year.
| |||
| Dec 19, 2019 | Sold | ||
| Sold | |||
| Nov 7, 2019 | Listed by Bennion Deville Homes | $795,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
The incredible home with a contemporary vibe is located in the gated community of Montage. With nearly 3,200 square feet of open living space including 4 bedrooms, one of which is a detached casita, 4 bathrooms and an office that can be converted into a 5th bedroom. The great room with fireplace is spacious and adjacent the gourmet kitchen with center island. A master suite with access to the rear yard has a gorgeous master bath and large walk-in closet. Situated on an oversized corner lot, this fabulous home has a large pool and spa with stone water feature and tanning shelf, automatic awning, patio bar area and an outdoor fireplace make this the perfect home for entertaining. Complete with a three car garage and solar system for added savings. Montage is one of the rare gated communities to allow short-term rentals and is within close walking distance to the world famous festival / polo grounds - home to Coachella Fest and Stagecoach. Do not miss this incredible buyer's opportunity.
| |||
| Sep 2, 2017 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Desert Contemporary 4BR/3.5BA Pool/Spa Home Including Den/Office & Detached Casita on Oversized Corner Lot...with SOLAR! This sprawling 3,182 Sq Ft open concept floor plan is ideal for entertaining, featuring spacious granite kitchen, wet-bar and formal dining room. Comfortable bedroom separation with master suite overlooking the pool/spa while guest bedrooms 2 & 3 are at the opposite end, huge den/office located off the entry and private, detached casita with outdoor fireplace is completely separate. Automated retractable awning extends the comfort and flexibility of the covered patio, which features ample seating, quartzite stone wet-bar and matching fire pit for those cool desert evenings. The extra deep pool with tanning shelf features boulder waterfall into the spa with bench below. The laundry room has direct access to spacious grassy side yard, perfect for pets or extra play area. Call Today to See This Special Solar Powered Home with 3 Car Garage in Gated Montage at Santa Rosa! The manager has listed the unit size as 3182 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
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Craig Conley, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219033399DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219033399DA
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