$300,000
●
Condo -
Off Market
48914 Eisenhower Drive
Indio, CA 92201
2 Beds
2 Baths
1,190 Ft²
$1,939
Est. Monthly
$441
HOA / Fees
11.25%
Cap Rate
About This Property
MAJOR PRICE ADJUSTMENT. Cute and comfy, newly painted Indian Palms
2 + 2 Condo! Owners remodeled in 2002 and added a 2nd bedroom (with
permit). Open living area with high ceilings, large entry courtyard
and rear enclosed, east facing patio with Saltillo tile floors and
view of greenbelt. Known as the ''Hidden Jewel'' of the desert,
with sweeping views of the Santa Rosa Mountains. Indian Palms
Country Club and Resort is situated on a square mile just east of
the Indio Polo Grounds, home to the Coachella and Stagecoach
Festivals in addition to world class Polo. Indian Palms Country
Club and Resort, deep rooted in American history, caters to both
visitors and residents alike. The gated community is situated on a
27- hole championship golf course, (Indian Palms' three nine hole
courses - the Mountain, Royal and Indian Nines), dining in the
''Hanger 19'' restaurant and full banquet and special events as
well as a lifestyle center and tennis courts. Single covered
carport space for one car.OPEN HOUSE MAY 18, FROM 12 - 3
Unit Size
1,190 Ft²
Days on Market
152 days
Land Size
0.06 acres
Price per sqft
$256
Property Type
Condo
Property Taxes
-
HOA Dues
$441
Year Built
1979
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 #219109115DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Mar 24, 2024 | Listed by Keller Williams Realty | $305,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Assigned, Detached Carport
Open Parking Spaces: 1
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Separate Formal Dining Room, All Bedrooms Down, Bedroom On Main Level
Appliances: Dishwasher, Electric Cooking, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: In Kitchen
Exterior Details
Year Built: 1979
Parcel Number: 614281044
Home Type: Residential
Architectural Style: Contemporary
Foundation Details: Slab
Roof: Tile
Window Features: Shutters
Construction Materials: Stucco
Lot Information: Planned Unit Development
Lot Size Source: Assessor
Lot Size Acres: 0.06
Utilities Details
Heating Type: Central, Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Bocce Court, Clubhouse, Controlled Access, Fitness Center, Golf Course, Meeting Banquet Party Room, Tennis Courts, Trash
Association Fee: $395
Association Fee Frequency: Monthly
Association Fee2: $46
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community, Twenty Four Hour Security, Key Card Entry
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: Enter Indian Palms on Monroe. Show the guard your license and give them the address. Continue thru gate to stop sign (Eisenhower) Turn right. Property is on the left just past the stop sign. Cross Street: ODLUM AND EISENHOWER.
Other Details
Listing Terms: Cash, Conventional
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/27/2023
| |
2 Bed
|
2 Bath
|
1190 ft²
|
$344,900
2 Bed
2 Bath
1190 ft²
|
-
-
|
The Mallen Marshall Team
Keller Williams Realty
|
Building Info
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: The Mallen Marshall Team, Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219109115DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219109115DA
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