$347,000
●
House -
Off Market
49443 Sherman Drive
Indio, CA 92201
3 Beds
2 Baths
1,704 Ft²
$416,564
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Live or invest in Indian Palms Country Club where you can enjoy
golf in the same development without having to join a country club
plus short term rentals are allowed. If you don't play golf you
still can enjoy tennis courts, paddle (pickle) ball. and bocce
ball. You have access to the fitness center as well as the public
pool and spa. In this desirable development (with reasonable HOA
dues) is this desirable home priced not to bust anyone's budget.
The basics are the following: 3 bedrooms; two bathrooms; great room
with fireplace; granite kitchen counters with a rich looking
finish; recently painted; alumawood patio awning; two artistic
security screen doors; and fruit trees in the backyard all on
a nice corner lot. This home has been well maintained. A new
air-conditioning system was installed this past summer. The two car
garage has an extended area for storage or for just putzing around.
Call your favorite real estate agent for a showing.
Unit Size
1,704 Ft²
Days on Market
62 days
Land Size
0.17 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
$262
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: 3 years ago (CRMLS #219055084DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Jan 2, 2021 | Listed by Keller Williams Realty | $335,000 | |
| Listed by Keller Williams Realty | |||
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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Status
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Type
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ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: John Sloan Real Estate Group..., Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219055084DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219055084DA
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