$600,000
●
House -
Off Market
49620 Lincoln Drive
Indio, CA 92201
3 Beds
1 Bath
1,703 Ft²
$603,663
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Indian Palms home with a private pool and spa. This 3 bedroom 2
bath home is located on the Golf course with nice views. Vaulted
ceilings, Living room has a formal dining room and the kitchen has
a nice breakfast area with a open concept to the Den area. Slider
leads you to the private pool and spa. Situated on a nice size lot
with low maintenance. Low HOA'S that include 2 satellite pools and
spas. Lifestyle center and sport courts etc. are not included in
this HOA. Indian Palms has a restaurant and bar within the gates.
Just outside the back gates are a Grocery store, Starbucks,
McDonalds, and several restaurants. The famous Polo Fields and
festivals are across the street. Short term rentals are
allowed with the proper permits from the city of Indio.
Unit Size
1,703 Ft²
Days on Market
22 days
Land Size
0.12 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
$154
Year Built
2000
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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: 6 months ago (CRMLS #219077820DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by Palm Shadow Realty | $599,000 | |
| Listed by Palm Shadow Realty | |||
Property Highlights
Garage
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
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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: Leanna Petitt, Palm Shadow Realty
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219077820DA
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219077820DA
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