$148,000
●
Condo -
Off Market
48962 Eisenhower Drive
Indio, CA 92201
2 Beds
1 Bath
957 Ft²
$260,908
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Location, Location, Location! On the 1st fairway of the Mountain
Course with mountain views, at Indian Palms Country Club, with live
guards & security cameras at the front gate. Furnishings
negotiable. Remodeled kitchen, popcorn ceilings removed, and new
paint throughout! Golf cart parking in rear patio with access to
the course, and pools nearby, makes this a very fun place to
vacation or live full time! New exterior paint by the HOA on April
3rd, 2015. Miles of fun bike riding or golf cart driving without
leaving the community. Walking distance to the Coachella Fest,
Stagecoach Fest, and Polo Fields. Mature big trees everywhere, wide
golf fairways, water ponds, with lots birds & ducks makes this
Indian Palms Country Club a true paradise in the desert!
Unit Size
957 Ft²
Days on Market
237 days
Land Size
0.06 acres
Price per sqft
$157
Property Type
Condo
Property Taxes
-
HOA Dues
$370
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 #215020318DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2016 | Sold | ||
| Sold | |||
| Jul 11, 2015 | Listed by First Team - JW Marriott | $149,900 | |
| Listed by First Team - JW Marriott | |||
Property Highlights
Parking Available
Parking Details
Parking Features: Assigned
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Exterior Details
Year Built: 1979
Parcel Number: 614281036
Home Type: Residential
Foundation Details: Slab
Spa Features: Community, In Ground
Private Pool
Pool Features: In Ground
Lot Size Source: Assessor
Lot Size Acres: 0.06
Utilities Details
Heating Type: Forced Air, Natural Gas
Location Details
Association Amenities: Clubhouse, Golf Course, Maintenance Grounds, Lake Or Pond, Playground, Tennis Courts
Association Fee: $340
Association Fee Frequency: Monthly
Association Fee2: $30
Association Fee2 Frequency: Monthly
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: From Hwy 111, go south on Monroe, past Avenue 48 turn left into Indian Palm Country Club. Go through main gate to first Stop sign and turn right. Go about 2 blocks and property on left side on the golf course. Cross Street: Monroe & Avenue 48.
Other Details
Listing Terms: Cash, CashToNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
05/14/2023
| |
2 Bed
|
1 Bath
|
957 ft²
|
$339,900
2 Bed
1 Bath
957 ft²
|
$310,000
-8.80%
08/16/2023
|
Carina Bloj
HomeSmart Professionals
|
|
10/11/2019
| |
2 Bed
|
1 Bath
|
957 ft²
|
$169,900
2 Bed
1 Bath
957 ft²
|
$162,000
-4.65%
12/20/2019
|
Mary Martine Blandon
HomeSmart
|
|
07/11/2015
| |
2 Bed
|
1 Bath
|
957 ft²
|
$149,900
2 Bed
1 Bath
957 ft²
|
$148,000
-1.27%
03/04/2016
|
Byron Clark
First Team Real Estate
|
|
11/03/2014
| |
2 Bed
|
1 Bath
|
957 ft²
|
$135,000
2 Bed
1 Bath
957 ft²
|
$133,000
-1.48%
12/11/2014
|
Diana Pazos
HomeSmart
|
Building Info
About Indio
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Listed by: Byron Clark, First Team - JW Marriott
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215020318DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215020318DA
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