$940,000
●
House -
Off Market
49680 Constitution Drive
Indio, CA 92201
4 Beds
4 Baths,
2
Half Baths
4,585 Ft²
$1,405,585
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Phase Close-Out! Encompassing spectacular mountain views, this
south facing premier location has few equals. The stunning home
itself has it's own casita, three en-suite bedrooms inside and up
to 12 foot ceilings! The massive kitchen has the obligatory
stainless appliances and granite counters with more than generous
prep space. There is also an outdoor covered Loggia of 650 sq ft,
wired for music and to set your flat screen TV to entertain
yourself and your guests. Included also is an upstairs bonus room
with balcony that overlooks this side of the Valley. You need to
contact the Madison Estates Sales Office for all the details. This
is Lot 3.
Unit Size
4,585 Ft²
Days on Market
146 days
Land Size
0.55 acres
Price per sqft
$190
Property Type
House
Property Taxes
-
HOA Dues
$238
Year Built
2016
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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: 10 months ago (CRMLS #217000702DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Keller Williams Realty | $1,385,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Exceptional panoramic mountain VIEWS! This 1/2 acre property is situated on a premier lot in the desirable community of Madison Estates. This contemporary style home offers high 12/ft ceilings, large custom tiles, and a floor to ceiling stone fireplace in the great room. The gourmet kitchen is sure to impress with a huge center island, white quartz countertops, custom herringbone backsplash, a built-in wine fridge, stainless steel appliances and a walk-in pantry. This home is perfect for entertaining - the upstairs loft has unobstructed views of the Santa Rosa mountains as well as the Polo fields where Coachella Music Festival is held. Enjoy desert sunsets in the tranquil south-facing backyard complete with a salt-water pool/spa, fire pit, built-in BBQ, and basketball court - so you can enjoy a game right in your own backyard! The garage is customized with Swisstrax flooring, perfect for car enthusiasts. This home is a MUST SEE and furniture is negotiable.
| |||
| Dec 19, 2019 | No longer available | - | |
| No longer available | |||
| May 23, 2019 | Listed | $1,275,000 | |
| Listed | |||
| | |||
|
Exceptional panoramic mountain VIEWS! This 1/2 acre property is situated on a premier lot in the desirable community of Madison Estates. This contemporary style home offers high 12/ft ceilings, large custom tiles, and a floor to ceiling stone fireplace in the great room. The gourmet kitchen is sure to impress with a huge center island, white quartz countertops, custom herringbone backsplash, a built-in wine fridge, stainless steel appliances and a walk-in pantry. This home is perfect for entertaining - the upstairs loft has unobstructed views of the Santa Rosa mountains as well as the Polo fields where Coachella Music Festival is held. Enjoy desert sunsets in the tranquil south-facing backyard complete with a salt-water pool/spa, fire pit, and basketball court - so you can enjoy a game right in your own backyard! The garage is customized with Swisstrax flooring, perfect for car enthusiasts. This home is a MUST SEE and furniture is negotiable. The manager has listed the unit size as 4585 square feet.
| |||
| May 31, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: John Young, HomeSmart
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 217000702DA
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 217000702DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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