$1,030,000
●
House -
Off Market
49289 Constitution Drive
Indio, CA 92201
4 Beds
4 Baths,
1
Half Bath
4,641 Ft²
$1,405,869
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
This home was recently appraised for $1.2 million. This home has
just been remodeled with a modern color palette. Beautiful kitchen
with quartz counter tops and huge island with waterfall return,
refinished cabinets, new sink, plumbing, lighting, gorgeous stack
stone fireplace with quartz hearth, custom ceiling fan,
custom media cabinet, custom built wine niche in dining room with
quartz top. The master has new carpet, paint, custom wallpaper and
custom ceiling fan, his and hers over sized walk in closets that
are fully built out! Master bath has updated touches and stone work
that is second to none! Even has his and her toilets! All three
guest bedrooms have ensuite bath, large walk-in closets, new
carpet, paint, shutters, fans, Also, new paint, flooring,
window coverings throughout. Both front and backyard have new
landscaping. The pool has new Pentair 5K color change LED lighting
and new control board that allows the pool and landscape to operate
from smart device, new salt cell. A tranquil working
garden and fruit trees., pet area. HVAC system has also been
serviced with new parts. Finished garage floors. This home also has
a complete set of plan for 320 sq ft guesthouse.
Unit Size
4,641 Ft²
Days on Market
95 days
Land Size
0.55 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
$182
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: 4 months ago (CRMLS #219045100DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | Listed by Desert Elite Properties | $1,450,000 | |
| Listed by Desert Elite Properties | |||
| | |||
|
Madison Estates - the ultimate of luxury lifestyle & desert living - soring over 4,600 square feet, 4 bedroom (all en suite), 5 total bathrooms, 3 car garage, huge open floor plan, massive ceilings, fire place, pool/spa fire pit, & private BBQ makes the property the complete package. The interior features ceramic wood tile floors, large base boards, quartz counter top w/ water fall edge in kitchen, high end appliance, marble bathrooms, 8' doors through out, custom window covers, & elegant light/plumbing fixtures. The master bedroom is huge & features direct access to the backyard, double walk in closets, big bathroom w/ walk in shower, separate tub, & double vanity sinks. The 3 other bedrooms are located on the opposite side of the property each having their own private bathroom. The property sits on over a 1/2 acre that comes fully equipped w/ full matured lush landscape, custom pavers, 2 TVs, pebble tech pool & spa, fire pit, & built in BBQ. Welcome home & enjoy life at Madison Estates!!! The manager has listed the unit size as 4641 square feet.
| |||
| May 11, 2021 | Listed by Desert Elite Properties, Inc. | $1,450,000 | |
| Listed by Desert Elite Properties, Inc. | |||
| | |||
|
Madison Estates - the ultimate of luxury lifestyle & desert living - soring over 4,600 square feet, 4 bedroom (all en suite), 5 total bathrooms, 3 car garage, huge open floor plan, massive ceilings, fire place, pool/spa fire pit, & private BBQ makes the property the complete package. The interior features ceramic wood tile floors, large base boards, quartz counter top w/ water fall edge in kitchen, high end appliance, marble bathrooms, 8' doors through out, custom window covers, & elegant light/plumbing fixtures. The master bedroom is huge & features direct access to the backyard, double walk in closets, big bathroom w/ walk in shower, separate tub, & double vanity sinks. The 3 other bedrooms are located on the opposite side of the property each having their own private bathroom. The property sits on over a 1/2 acre that comes fully equipped w/ full matured lush landscape, custom pavers, 2 TVs, pebble tech pool & spa, fire pit, & built in BBQ. Welcome home & enjoy life at Madison Estates!!!
| |||
| Sep 29, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Listed On
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HOA + Taxes
About Indio
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Listed by: Nicole Hoskins, Desert Elite Properties, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219045100DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219045100DA
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