49556 Gila River Street
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by California Lifestyle Realty | $1,425,000 | |
| Listed by California Lifestyle Realty | |||
| | |||
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Enjoy your own private resort behind the gates of coveted Desert River Estates with one of the most amazing backyards you'll ever see. Sitting on a .58-acre lot, this home has been upgraded inside and out by the current owners. The backyard paradise offers a stunning free form pebble finished heated pool w/LED lighting, spa, three waterfalls, waterslide, tanning shelves, swim up bar and firepit. The outdoor kitchen includes 2 grills, pizza oven, 2 refrigerators and wet bar covered by a palapa worthy of a luxury beach resort. A new 4-hole artificial turf putting green compliments manicured lawn areas. The home offers 4 bedrooms, 3.5 baths and separate office. The entertainer's kitchen opens to casual dining and family room with direct access to the backyard, as does the luxurious master suite. Recent upgrades: 2 SEER 2 Stage A/C units, new hot water heater, wood plank flooring in living areas and master, LG Smart refrigerator, roll out drawers in kitchen cabinets, new interior paint throughout, new carpeting in guest bedrooms/office, all new ceiling fans, Closet By Design systems, custom glass shower doors, smart alarm system, retractable screens doors, SEER Daikin A/C unit in garage, insulated garage doors, smart MyQ openers. Front and back yards have newly installed landscape lighting and upgraded irrigation systems. The driveway has been professionally widened. Close to shopping, dining, and the famous festival grounds. Welcome home to your new luxury estate.
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| Aug 17, 2021 | No longer available | - | |
| No longer available | |||
| Aug 7, 2021 | Price Decreased |
$1,449,000
↓ $100K
(6.5%) | |
| Price Decreased | |||
| Jul 28, 2021 | Price Decreased |
$1,549,000
↓ $46K
(2.9%) | |
| Price Decreased | |||
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017