$230,000
●
Condo -
Off Market
49272 Wayne Street
Indio, CA 92201
2 Beds
2 Baths
1,156 Ft²
$291,736
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Indian Palms CC Condo has a great location with an open
concept 2 bedroom 2 bath plus den/office condo is a end unit.
Newly remodeled unit is a must see. The back patio overlooking the
golf course and the mountains. This unit is across the street from
the Community Pool and Spa. Washer and dryer in the unit. 2 car
attached garage. Indian Palms CC has a restaurant and bar within
the gates of the community close to the famous Polo and festival
grounds shopping, restaurants, banking and Starbucks
Unit Size
1,156 Ft²
Days on Market
60 days
Land Size
0.11 acres
Price per sqft
$208
Property Type
Condo
Property Taxes
-
HOA Dues
$346
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 #219057323DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2021 | Sold | ||
| Sold | |||
| Feb 13, 2021 | Listed by Indian Springs Real Estate | $239,900 | |
| Listed by Indian Springs Real Estate | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Separate Formal Dining Room
Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Laminate
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Closet
Exterior Details
Year Built: 1982
Parcel Number: 614331017
Home Type: Residential
Foundation Details: Slab
Roof: Tile
Window Features: Blinds
Construction Materials: Stucco
Outdoor Living Structures: Brick, See Remarks
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Community, Electric Heat, In Ground
Lot Information: Drip Irrigation Bubblers, On Golf Course, Planned Unit Development, Sprinklers Timer
Lot Size Source: Assessor
Lot Size Acres: 0.11
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air, Natural Gas
Location Details
Association Amenities: Other
Association Fee: $315
Association Fee Frequency: Monthly
Association Fee2: $31
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: Enter main gate at 48th and Monroe once in gate at stop go right next stop Odlum go left follow to Wayne St. turn right condo will be on your left. Cross Street: Monroe.
Other Details
Listing Terms: 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 |
|---|---|---|---|---|---|---|---|
|
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: Leanna Petitt, Indian Springs Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057323DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219057323DA
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