$375,500
●
House -
Off Market
49633 Lewis Road
Indio, CA 92201
3 Beds
3 Baths
2,044 Ft²
$725,722
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model
About This Property
A true desert getaway, highly upgraded home in Indian Palms CC.
Enter the gates to a lovely courtyard with water fountain. A
beautiful double door entry with beveled glass, opening into the
spacious great room/dining room, which is open to the kitchen with
center island. The great room has surround sound, cozy breakfast
nook in kitchen. And for you movie buffs, a home theater room with
surround sound, as well. Have your morning coffee on the peaceful
patio where the view of the greenbelt is a spectacular garden
complete with waterfalls and large pond. And for the hot summer
days, there is a misting system. Artificial turf makes the yard
easy to care for. Ceiling fans in virtually every room, even the
master bath!! This home is ideal for a 2nd home, vacation rental or
full time residence. Indian Palms Country Club offers golf, tennis,
community pools, clubhouse with workout facility and restaurant. It
has it all with low HOA dues!!
Unit Size
2,044 Ft²
Days on Market
86 days
Land Size
0.16 acres
Price per sqft
$191
Property Type
House
Property Taxes
-
HOA Dues
$265
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: 2 years ago (CRMLS #214024453DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2014 | Sold | ||
| Sold | |||
| Jun 23, 2014 | Listed by Southern Hills Real Estate | $389,900 | |
| Listed by Southern Hills Real Estate | |||
Property Highlights
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Nancy Javitch, Southern Hills Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214024453DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214024453DA
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