$1,400,000
●
House -
Off Market
49178 Montpelier Drive
Indio, CA 92201
4 Beds
5 Baths
4,641 Ft²
$7,335
Est. Monthly
$215
HOA / Fees
5.62%
Cap Rate
About This Property
Discover the epitome of luxury living in the prestigious Madison
Estates community, ideally situated near the Empire Polo grounds,
vibrant restaurants, chic shops, and world-class golf courses. This
immaculate four-bedroom, 4 1/4-bathroom residence is a true gem,
exuding contemporary finishes and unparalleled elegance across its
expansive 4641 ft. interior and sprawling 21,780 square-foot lot.
Boasting a perfect fusion of style, functionality, and comfort,
this home showcases a seamless open-concept layout that seamlessly
blends indoor and outdoor living. The chef's kitchen is a culinary
masterpiece with ample cabinet space and top-of-the-line
appliances, while the primary suite pampers with a spa-like ensuite
featuring a soaking tub, expansive glass-enclosed showers, his and
her walk-in closets, and dual vanities. Step outside to your
private oasis, complete with a waterfall feature, fire pit, and a
pool and spa that exude a vacation-like ambiance, perfect for both
entertaining and personal relaxation. Don't miss this opportunity
to experience the ultimate in luxury living.
Unit Size
4,641 Ft²
Days on Market
51 days
Land Size
0.50 acres
Price per sqft
$312
Property Type
House
Property Taxes
-
HOA Dues
$215
Year Built
2013
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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 #219106693DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 10, 2024 | Listed by C 21 Coachella Valley RE | $1,450,000 | |
| Listed by C 21 Coachella Valley RE | |||
| Jun 15, 2022 | Sold | ||
| Sold | |||
| May 13, 2022 | Listed by Bennion Deville Homes | $1,699,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Designed to be an entertainers oasis,this incredible home boasts upgrades galore!A renovated front yard invites you in with fresh landscaping & a spacious U shaped driveway.Just beyond the iron enclosed rotunda,the breathtaking great room features a floor to ceiling fireplace feature wall unlike anything you've seen,with inset television,custom wallpaper & bluetooth surround sound running throughout.The renovated kitchen lying adjacently leaves little to be desired,with quartz waterfall edge countertops,sleek gray cabinetry,tile backsplash,pull out shelving & upgraded SS appliances,filtered water,under cabinet lighting,ample storage,upgraded walk-in pantry & open sight lines to the formal dining room with built-in wine bar & sub zero wine fridge.An incredible master bed & bath located off the right wing offer a spacious glass enclosed shower, soaking tub,huge walk-in closet, dual vanities & rear yard access,with 3 spacious beds-each with en-suite & walk-in closets on the opposite wing.The stunning half acre rear yard features a pavered patio with fully equipped outdoor kitchen,salt water pool & spa,built-in firepit,newly added fire & water feature & citrus trees!The 3rd car garage is currently set up as a home gym with mini split,tv,carpet & 30Volt plug.Additional upgrades include plantation shutters,inlaid great room carpeting with custom tile detail,electric window shades, indoor/outdoor multi camera security system,custom garage built ins & too many more upgrades to list
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Property Highlights
Garage
Air Conditioning
Parking Available
Fireplace
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 Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 3 Beds
- 3 Baths
- 1,981 ft²
$7,750 /mo
- 4 Beds
- 4 Baths
- 2,382 ft²
Listed by: Moises Amador, C 21 Coachella Valley RE
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219106693DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219106693DA
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