$650,000
●
House -
Off Market
49509 Wayne Street
Indio, CA 92201
3 Beds
3 Baths
1,985 Ft²
$599,632
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Great opportunity to become an owner in the highly desirable Indian
Palms Country Club! Short Term Rentals OK! This home boasts a
recent remodel and new flooring thought! Walk into this home
thru a private courtyard and with separate detached casita. The
main living area is the coveted open concept floor plan. There is a
large island in the remodeled kitchen and fireplace with nice
design in the main living space. The backyard has a cozy
covered area and uncovered sitting area flanked by lush green grass
and a meandering water feature. In addition to the three
bedrooms there is also a third room that may be used as an office
or sleeping area. This home is in an HOA that does allow
short term rentals -Buyer to verify - The community has
multiple swimming pools, spas, fitness center, tennis/pickle ball
courts and a golf course! All furnishings available for sale.
Unit Size
1,985 Ft²
Days on Market
44 days
Land Size
0.13 acres
Price per sqft
$300
Property Type
House
Property Taxes
-
HOA Dues
$255
Year Built
2004
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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 #219075609DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2022 | No longer available | - | |
| No longer available | |||
| Jul 26, 2022 | In contract | - | |
| In contract | |||
| Jul 15, 2022 | Listed by FIRST PACIIFIC REALTY | $680,000 | |
| Listed by FIRST PACIIFIC REALTY | |||
| | |||
|
Contact Alex Seropian at 626-628-5121 The manager has listed the unit size as 1985 square feet.
| |||
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 17, 2022 | Listed by Realty Executives Desert Lifestyles | $595,000 | |
| Listed by Realty Executives Desert Lifestyles | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jessica Bailey, Realty Executives Desert Lifestyles
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075609DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075609DA
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