$145,000
●
Condo -
Off Market
48972 Cochran Drive
Indio, CA 92201
3 Beds
2 Baths
1,402 Ft²
$261,379
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Desert living at its finest in this mature classic Indian Palms
Country Club environment. You will enjoy this end-unit, one-level
condo, surrounded by grass and just close enough to the pool to
make this a wonderful and relaxing place to live. The golf course
is challenging, the pool is sparkling and the community people are
delightful.
Unit Size
1,402 Ft²
Days on Market
195 days
Land Size
0.06 acres
Price per sqft
$111
Property Type
Condo
Property Taxes
-
HOA Dues
$340
Year Built
1975
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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 #216011118DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2016 | Sold | ||
| Sold | |||
| Apr 2, 2016 | Listed by Hull Homes | $155,000 | |
| Listed by Hull Homes | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Assigned, Detached Carport
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 1
Levels: One
Appliances: Electric Oven, Electric Range, Range Hood, Vented Exhaust Fan
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Closet
Exterior Details
Year Built: 1975
Parcel Number: 614280008
Home Type: Residential
Roof: Tile
Construction Materials: Stucco
Outdoor Living Structures: Deck
Spa Features: Community, In Ground
Private Pool
Pool Features: In Ground
Lot Information: Corner Lot
Lot Size Source: Assessor
Lot Size Acres: 0.06
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Amenities: Clubhouse, Golf Course, Other Courts, Tennis Courts
Association Fee: $340
Association Fee Frequency: Monthly
Community Features: Golf
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: Inside Indian Palms Country Club Cross Street: Odlum.
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 |
|---|---|---|---|---|---|---|---|
|
09/02/2017
| |
3 Bed
|
2 Bath
|
1402 ft²
|
-
3 Bed
2 Bath
1402 ft²
|
-
-
|
-
|
|
04/02/2016
| |
3 Bed
|
2 Bath
|
1402 ft²
|
$155,000
3 Bed
2 Bath
1402 ft²
|
$145,000
-6.45%
10/14/2016
|
Harry Hull
Hull Homes
|
Building Info
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Harry Hull, Hull Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216011118DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216011118DA
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