$435,000
●
House -
Off Market
48879 Renewal Street
Indio, CA 92201
3 Beds
3 Baths
2,888 Ft²
$826,883
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Huge Price Reduction of $70,000. A Beautiful Mediterranean Style
Home, located in the fabulous private gated community of Montage at
Santa Rosa. This highly upgraded home boasts 3 Bedrooms, 3
Bathrooms, and a spacious Den/Office. The stunning Gourmet Kitchen
features gorgeous Granite Counter Tops, Stainless-Steel Appliances,
and a large Breakfast Island Bar. The kitchen opens up to a
fantastic & spacious Great Room with a cozy Fireplace, & Wet-Bar.
And the elegant formal Dining Room is perfect for entertaining! The
spectacular oversized Backyard offers complete privacy with a
Covered Patio, Fireplace, and stunning Pebble-Tec Pool & Spa with
Beautiful Mountain Views! Very Low HOA Fees for such a wonderful &
highly sought after community.
Unit Size
2,888 Ft²
Days on Market
270 days
Land Size
0.30 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
$126
Year Built
2005
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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: 3 years ago (CRMLS #215020110DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2016 | Sold | ||
| Sold | |||
| Jul 17, 2015 | Listed by Coldwell Banker Realty | $479,995 | |
| Listed by Coldwell Banker Realty | |||
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: Elizabeth Arcaro, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215020110DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215020110DA
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