$450,000
●
House -
Off Market
49611 Truman Way
Indio, CA 92201
2 Beds
2 Baths
1,507 Ft²
$474,885
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
The seller is motivated!! Wow!! The lowest price in the
community!!For buyers: Decrease 2% loan rate??2-1 temporary buy
down program might be help buyers purchase a property. The seller
might accommodate to pay for it. Call me for further info. The
beautifully maintained property has been successfully rented for
short and vacation rentals. The great size of the backyard is
possible to put the private pool, but the common pool is at
almost next door. You can start renting out or live there
immediately. It is fully furnished for all your convenience. Indian
Palms has public golf course, tennis courts, salt water pool,
fitness, club house etc. It is a walking distance to Coachella Fest
and Stagecoach.
Unit Size
1,507 Ft²
Days on Market
43 days
Land Size
0.11 acres
Price per sqft
$299
Property Type
House
Property Taxes
-
HOA Dues
$114
Year Built
2000
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Cap Rate Calculator
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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 #219084777DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2022 | Sold | ||
| Sold | |||
| Sep 21, 2022 | No longer available | - | |
| No longer available | |||
| Sep 21, 2022 | Listed by Equity Union | $450,000 | |
| Listed by Equity Union | |||
| Sep 2, 2022 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Jul 8, 2022 | Price Decreased |
$499,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jumi Achermann, Equity Union
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219084777DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219084777DA
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