$299,000
●
House -
Off Market
49399 Sherman Drive
Indio, CA 92201
4 Beds
3 Baths
1,972 Ft²
$533,004
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model
About This Property
This beautiful home in Indian Palms Country Club is located on one
of the very best view streets in the development, overlooking a
massive greenbelt with a beautiful pond and walking paths, and
providing simply breath-taking mountain views! This wonderful home
has 3 bedrooms and 2 baths in the main house and a large casita
housing the additional bed and bath. As you enter the property
through the private covered courtyard, you will find the Main home
to be bright, open and airy, with a wall of windows capturing the
spectacular views. The Kitchen has a large granite island, lots of
cupboards, ample pantry and is an entertainer's dream. There is
great separation between the bedrooms, with Master bedroom and
guest rooms located at opposite ends of the house. The property
truly has too many features to list here. Just call for your
appointment today...You don't want to miss this one!
Unit Size
1,972 Ft²
Days on Market
43 days
Land Size
0.15 acres
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
2003
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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: 2 years ago (CRMLS #216013240DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2016 | Sold | ||
| Sold | |||
| Apr 22, 2016 | Listed by RE/MAX Consultants | $314,000 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
With View
Fireplace
Garage
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
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Listed by: Diana Pazos, RE/MAX Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216013240DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216013240DA
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