$625,000
●
House -
Off Market
49742 Wayne Street
Indio, CA 92201
3 Beds
2 Baths
2,112 Ft²
$619,788
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Look no further...this 3 bedroom 2 bath home is sold Turnkey with
an open floor plan makes a perfect getaway or great rental
property. This home sits on the golf course with a creek running
through it with a patio for you to enjoy. Granite counters
throughout with tile and carpet. The master bedroom suite is
separated from the other bedrooms with a view of the course, dual
vanity bathroom sinks and separate shower and bathtub. Indian
Palms Country Club offers 27 holes of golf, tennis courts,
community pools and spas, fitness center, clubhouse and full
restaurant. Located next to the Empire Polo Club, which is
known for their Polo tournaments and Coachella Valley Music &
Stagecoach Festivals. S/T rentals allowed. Buyer to verify.
Unit Size
2,112 Ft²
Days on Market
36 days
Land Size
0.11 acres
Price per sqft
$291
Property Type
House
Property Taxes
-
HOA Dues
$255
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: 3 years ago (CRMLS #219075419DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2022 | No longer available | - | |
| No longer available | |||
| May 4, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2022 | In contract | - | |
| In contract | |||
| Mar 30, 2022 | Listed by Showcase Homes, Inc. | $615,000 | |
| Listed by Showcase Homes, Inc. | |||
| | |||
|
Look no further...this 3 bedroom 2 bath home is sold Turnkey with an open floor plan makes a perfect getaway or great rental property. This home sits on the golf course with a creek running through it with a patio for you to enjoy. Granite counters throughout with tile and carpet. The master bedroom suite is separated from the other bedrooms with a view of the course, dual vanity bathroom sinks and separate shower and bathtub. Indian Palms Country Club offers 27 holes of golf, tennis courts, community pools and spas, fitness center, clubhouse and full restaurant. Located next to the Empire Polo Club, which is known for their Polo tournaments and Coachella Valley Music & Stagecoach Festivals. S/T rentals allowed. Buyer to verify. The manager has listed the unit size as 2112 square feet.
| |||
| Mar 14, 2022 | Listed by Showcase Homes, Inc. | $615,000 | |
| Listed by Showcase Homes, Inc. | |||
Property Highlights
Air Conditioning
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
Price/ft²
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: Michelle Gareis, Showcase Homes, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075419DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075419DA
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