$425,000
●
House -
Off Market
49044 Calhoun Street
Coachella, CA 92236
5 Beds
3 Baths
1,910 Ft²
$521,725
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Welcome home to this expansive 1-acre lot with two structures, the
main home that features four bedrooms and two baths plus a front
porch and a flat buildable space for a possible ADU or
entertainment area, additionally there's a detached casita with a
one bedroom and one bath with an attached two-car garage, this
centrally located ranch home is ready for its new owners. Minutes
away from festival venues and polo grounds, and As you enter the
main home you are welcomed by the living room, Spacious kitchen
with a breakfast area and plenty of cabinets perfect for storage.
Down the hall you will find the primary bedroom that features a
private bathroom. three additional good-sized bedrooms Enjoy the
peacefulness of the back patio which allows in plenty of breeze and
sunshine. Plenty of space to build your own pool plus, a 2-car
detached garage with direct access to the casita home and an
extra-large space make it for easy parking. Property needs LTC and
some repairs. Value on the land, This is a Probate Sale, Must See!!
Buyer to verify permits and sq. ft.
Unit Size
1,910 Ft²
Days on Market
84 days
Land Size
1.00 acres
Price per sqft
$275
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 4 months ago (CRMLS #219096136DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jun 9, 2023 | Listed by Excellence RE SoCal Properties | $525,000 | |
| Listed by Excellence RE SoCal Properties | |||
Property Highlights
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 Coachella
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Listed by: Jesus Martinez, Excellence RE SoCal Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219096136DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219096136DA
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