$172,000
●
Condo -
Off Market
49272 Wayne Street
Indio, CA 92201
2 Beds
2 Baths
1,156 Ft²
$309,912
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Motivated Seller! Bring Offer! Great Location! This open concept 2
B/R, 2 Bath plus a den condo has been Beautifully upgraded
throughout and shows like a model. It's an end-unit, overlooking
the golf course with fabulous views of the mountains and comes
fully furnished. It is also across the street from the newly
renovated community pool. Great Income Property, Seasonal or
Permanent Home! It is inside Indian Palms C.C. and offers 27 holes
of golf, fitness center, tennis, restaurant, clubhouse and close to
the Polo Grounds.
Unit Size
1,156 Ft²
Days on Market
81 days
Land Size
0.11 acres
Price per sqft
$156
Property Type
Condo
Property Taxes
-
HOA Dues
$340
Year Built
1982
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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 #216001939DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2016 | Sold | ||
| Sold | |||
| Jan 18, 2016 | Listed by HomeSmart | $179,900 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Driveway, Guest
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 4
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Separate Formal Dining Room
Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Heater
Flooring Type: Carpet, Laminate
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Exterior Details
Year Built: 1982
Parcel Number: 614331017
Home Type: Residential
Foundation Details: Slab
Window Features: Drapes
Construction Materials: Stucco
Spa Features: Community, In Ground
Private Pool
Pool Features: Electric Heat, In Ground
Lot Information: On Golf Course, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.11
Utilities Details
Cooling Type: Central Air
Utilities: Cable Available
Location Details
Association Amenities: Clubhouse, Fitness Center, Golf Course, Security, Tennis Courts, Trash
Association Fee: $315
Association Fee Frequency: Monthly
Association Fee2: $25
Association Fee2 Frequency: Monthly
Community Features: Gated
Security Features: Gated Community
Subdivision: Indian Palms (31432)
High School District: Desert Sands Unified
Subdivision Name: Indian Palms (31432)
Directions: From front gate off of Monroe drive to first stop sign, turn right on Eisenhower, left on Odlum, right on Wayne. Condo on left. Cross Street: Monroe.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional, FHA
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 |
|---|---|---|---|---|---|---|---|
|
10/19/2023
| |
2 Bed
|
2 Bath
|
1156 ft²
|
$350,000
2 Bed
2 Bath
1156 ft²
|
$350,000
11/21/2023
|
Cristen Farnham
Desert Sands Realty
|
|
02/13/2021
| |
2 Bed
|
2 Bath
|
1156 ft²
|
$239,900
2 Bed
2 Bath
1156 ft²
|
$230,000
-4.13%
04/14/2021
|
Leanna Petitt
Palm Shadow Realty
|
|
01/18/2016
| |
2 Bed
|
2 Bath
|
1156 ft²
|
$179,900
2 Bed
2 Bath
1156 ft²
|
$172,000
-4.39%
04/08/2016
|
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# 216001939DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216001939DA
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