$395,000
●
Condo -
Off Market
48943 Eisenhower Drive
Indio, CA 92201
2 Beds
2 Baths
1,494 Ft²
$404,468
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
A stunning 2 Bedroom, 2 Bath, fully furnished bright and airy,
end-unit condo with fabulous views. This beautifully
appointed condo has an open floor plan and many updates. The
kitchen, living room and dining room open up to a spacious patio
which opens up to unobstructed views of the greenbelt, pool
and mountains. Sliders in the living room and dining room
open up to the patio to add to the ambience. It's a perfect
setting for relaxing or entertaining. NEW HVAC system
installed 3/2022. Indian Palms offers 27 holes of golf and
clubhouse. A membership offers tennis, pickle ball, tennis,
gym, bocce ball and a large pool. Indian Palms is located
close to the Coachella Festivals, polo grounds and more.
Unit Size
1,494 Ft²
Days on Market
56 days
Land Size
0.06 acres
Price per sqft
$267
Property Type
Condo
Property Taxes
-
HOA Dues
$398
Year Built
1979
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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 #219074873DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by HomeSmart | $399,000 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Assigned, Driveway, Guest
Open Parking Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Furnished
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Room
Exterior Details
Year Built: 1979
Parcel Number: 614281014
Home Type: Residential
Foundation Details: Slab
Spa Features: Community, In Ground
Private Pool
Pool Features: In Ground
Lot Information: Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.0576
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Natural Gas
Location Details
Association Amenities: Clubhouse, Fitness Center, Golf Course, Lake Or Pond, Tennis Courts
Association Fee: $365
Association Fee Frequency: Monthly
Association Fee2: $33
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: Indian Palms (31432)
High School District: Desert Sands Unified
Subdivision Name: Indian Palms (31432)
Directions: Enter on main gate on Monroe turn right on Eisenhower. Condo is on the left. Cross Street: Monroe and Ave. 48.
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 |
|---|---|---|---|---|---|---|---|
|
03/04/2022
| |
2 Bed
|
2 Bath
|
1494 ft²
|
$399,000
2 Bed
2 Bath
1494 ft²
|
$395,000
-1.00%
04/29/2022
|
Cindy Barker
HomeSmart
|
Building Info
About Indio
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Listed by: Cindy Barker, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219074873DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219074873DA
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