$710,000
●
House -
Off Market
49715 Newman Cir
Indio, CA 92201
3 Beds
3 Baths,
1
Half Bath
2,088 Ft²
$3,899
Est. Monthly
$221
HOA / Fees
About This Property
Pristine Indian Palms CC home with RV garage. The lagoon view home
residence features a main house with 2 spacious bedrooms and open
floor plan along with an attached 1 bed/1 Bath Casita with a
private entrance. Enjoy the private backyard with your own pool,
spa, synthetic patio cover, and custom built-in gas fire pit while
admiring the views. Interior amenities include Newer A/C,
plantation shutters crown molding, ceiling fans in every room and
more! Additional features include golf cart garage and oversized RV
garage with A/C perfect for RV, Boat, or car collection storage.
The ideal oasis to enjoy as your desert home retreat or utilize as
a Short Term Rental. Located near Coachella Festival Ground and
other popular nearby attractions. Pristine Indian Palms CC
home with RV garage. The lagoon view home residence features a main
house with 2 spacious bedrooms and open floor plan along with an
attached 1 bed/1 Bath Casita with a private entrance. Enjoy the
private backyard with your own pool, spa, synthetic patio cover,
and custom built-in gas fire pit while admiring the views. Interior
amenities include Newer A/C, plantation shutters crown molding,
ceiling fans in every room and more! Additional features include
golf cart garage and oversized RV garage with A/C perfect for RV,
Boat, or car collection storage. The ideal oasis to enjoy as your
desert home retreat or utilize as a Short Term Rental. Located near
Coachella Festival Ground and other popular nearby attractions.
Unit Size
2,088 Ft²
Days on Market
121 days
Land Size
0.16 acres
Price per sqft
$359
Property Type
House
Property Taxes
-
HOA Dues
$221
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: 6 months ago (SDMLS #240025650SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 22, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Listed by Keller Williams Realty | $749,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Pristine Indian Palms CC home with RV garage. The lagoon view home residence features a main house with 2 spacious bedrooms and open floor plan along with an attached 1 bed/1 Bath Casita with a private entrance. Enjoy the private backyard with your own pool, spa, synthetic patio cover, and custom built-in gas fire pit while admiring the views. Interior amenities include Newer A/C, plantation shutters crown molding, ceiling fans in every room and more! Additional features include golf cart garage and oversized RV garage with A/C perfect for RV, Boat, or car collection storage. The ideal oasis to enjoy as your desert home retreat or utilize as a Short Term Rental. Located near Coachella Festival Ground and other popular nearby attractions. Pristine Indian Palms CC home with RV garage. The lagoon view home residence features a main house with 2 spacious bedrooms and open floor plan along with an attached 1 bed/1 Bath Casita with a private entrance. Enjoy the private backyard with your own pool, spa, synthetic patio cover, and custom built-in gas fire pit while admiring the views. Interior amenities include Newer A/C, plantation shutters crown molding, ceiling fans in every room and more! Additional features include golf cart garage and oversized RV garage with A/C perfect for RV, Boat, or car collection storage. The ideal oasis to enjoy as your desert home retreat or utilize as a Short Term Rental. Located near Coachella Festival Ground and other popular nearby attractions.
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
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
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Listed by: Sean Zanganeh, Keller Williams Realty
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 240025650SD
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 240025650SD
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