$380,000
●
House -
Off Market
49641 Lincoln Drive
Indio, CA 92201
3 Beds
2 Baths
1,703 Ft²
$438,904
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
A lovely, 3 Bedroom 2 1/2 Bath, furnished home in Indian Palms C.C.
This home is a perfect for full-time, Second home or vacation
rental. As an added benefit, this HOA allows short term
rentals. Enter in to a spacious living room and dining area
which opens up to the kitchen and family room. Kitchen has
stainless steel appliances and an island. Family room
includes a fireplace for ambiance. Master bedroom is en-suite
with a slider for easy backyard access. Walls, ceiling and
kitchen cabinets have been freshly painted. Indian Palms
Country Club offers golf, tennis, pickle ball, bocce ball,
lifestyle center, restaurant and hotel. It's also
conveniently located to the Polo grounds home of the famous
Coachella and Stagecoach festivals. Come and see this gem.
You won't be disappointed!
Unit Size
1,703 Ft²
Days on Market
30 days
Land Size
0.11 acres
Price per sqft
$217
Property Type
House
Property Taxes
-
HOA Dues
$151
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: 3 years ago (CRMLS #219061195DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 28, 2021 | Sold | ||
| Sold | |||
| Apr 28, 2021 | Listed by HomeSmart | $369,000 | |
| Listed by HomeSmart | |||
Property Highlights
Garage
Air Conditioning
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
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Baths
ft²
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Asking Price
Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Cindy Barker, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061195DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061195DA
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