$262,000
●
House -
Off Market
49519 Lincoln Drive
Indio, CA 92201
2 Beds
2 Baths
1,507 Ft²
$379,562
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
NOW AVAILABLE!!! Enjoy resort living in the Hidden Jewel of
the Desert, Indian Palms Country Club. This wonderful home is
located on the 2nd tee of the Mountain Course at the end of a
cul-de-sac with no neighbor to the north. Privacy & amazing
panoramic views provide the absolute outdoor living that the desert
is famous for! Perfect for entertaining with Arizona Tile
patios and overhangs for shade. Other than new carpeting in each
bedroom, everything is original and has not been remodeled. A
perfect canvas to create your dream home!
Unit Size
1,507 Ft²
Days on Market
83 days
Land Size
0.17 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$137
Year Built
1999
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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 #219030171DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2021 | Sold | ||
| Sold | |||
| Jul 18, 2021 | Listed by KUD Properties, Inc. | $369,000 | |
| Listed by KUD Properties, Inc. | |||
| | |||
|
Now Available! This beautiful 2 bed home sits on a highly desirable cul-de-sac corner lot location. Total privacy with no neighbor to the north!! The well maintained interior features a 1 year old AC, new paint, appliances, and carpet in the bedrooms. With an open concept feel, this light and bright home is everything you've been looking for under 400K and short terms rentals allowed!! HOA's only $150/mo! Make your appointment to see it today!
| |||
| Dec 9, 2019 | Sold | ||
| Sold | |||
| Sep 17, 2019 | Listed by Berkshire Hathaway HomeServices California Properties | $259,500 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Indio
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Listed by: Greer Waller, Berkshire Hathaway HomeServices California Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219030171DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219030171DA
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