$1,730,000
●
House -
Off Market
48789 Stillwater Street
Indio, CA 92201
6 Beds
5 Baths,
1
Half Bath
3,610 Ft²
$9,480
Est. Monthly
$150
HOA / Fees
4.96%
Cap Rate
About This Property
Professional photos coming soon!Welcome to your dream investment
opportunity! This exceptional property, situated on .35 acres, is
an investor's paradise, boasting over $750,000 in rental income
over the past 2 1/2 years as a top-performing Airbnb with
consistent five-star reviews. This stunning six-bedroom,
five-bathroom retreat, including a luxurious casita, promises an
unbeatable return on investment for those with an appetite for
success.Endless Amenities: Game room, billiards, ping pong, poker,
and more. Backyard Oasis: Pool, jacuzzi, putting green - all at
your fingertips! Fully Stocked Kitchen: Includes an ice machine for
convenience.New 45 ft putting green New 60 ft bocce ball court
Large ice machine (100 lbs/day) Large fire pit55' Samsung Smart TV
Custom mist systemEV charger (Stage 2-220v)BBQ island Outside gas
fireplace. 2 refrigerators & mini fridgeChef's kitchen with granite
island and stainless steel appliancesLightning-fast internet
(700-1000 Mbps)Living room with a 65' Samsung Smart TV and a total
of 9 TVs throughout the homeTwo amazing game rooms featuring a
poker table, custom pool table, ping pong table.Empire Polo Fields
under 5 min.Old Town La Quinta: 5-7 min.Indian Wells Tennis
Gardens 10 min.Palm Desert 15 min LA 2 HRSInvest in a property that
promises not just a luxurious stay for guests but also a tremendous
return for you. Discover the ultimate getaway that keeps on giving,
located in the heart of Coachella Valley.
Unit Size
3,610 Ft²
Days on Market
58 days
Land Size
0.35 acres
Price per sqft
$526
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
2004
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: 3 years ago (CRMLS #219113753DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jul 1, 2024 | Listed by HomeSmart | $1,900,000 | |
| Listed by HomeSmart | |||
| Aug 12, 2013 | Sold | ||
| Sold | |||
| Mar 21, 2013 | Listed by Bruce Norris Financial Group | $540,000 | |
| Listed by Bruce Norris Financial Group | |||
| | |||
|
A beautiful corner lot property, in the well-manicured gated community of Montage. This house has 5-bedrooms/4 1/4-bathrooms. It has a very open floor plan with high ceilings and exposed rafters. The gourmet kitchen has granite counter tops and a butler's pantry with it's own sink. The master bedroom has 2 walk-in closets, a double vanity, a glass block shower and separate jacuzzi tub. It has an open front courtyard that provides access to the casita. The rear yard has a covered patio with an outdoor fireplace, misters, and ceiling fans. This is a highly upgraded property, a must see. This property is undergoing a light rehab. It will receive new two-tone interior painting and professional landscaping.
| |||
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: Angela Maciel-Gibbons, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219113753DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219113753DA
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