$519,000
●
House -
Off Market
49880 Bates Street
Indio, CA 92201
3 Beds
3 Baths
1,974 Ft²
$2,879
Est. Monthly
$330
HOA / Fees
7.56%
Cap Rate
About This Property
Located in the heart of the Coachella Valley and just minutes from
the iconic Coachella and Stagecoach music festivals, this
3-bedroom, 3-bathroom home offers 1,974 sq. ft. of modern elegance
within the prestigious, 24-hour guard-gated Indian Palms Country
Club. Built in 2015, the property features granite slab kitchen
counters, a walk-in pantry, stainless steel appliances, diagonal
tile floors, recessed lighting, crown molding, and a cozy
fireplace. Residents enjoy resort-style amenities, including a
27-hole golf course, clubhouse, fitness center, pickleball, tennis
courts, and serene pools, in a prime location ideal for relaxation
or rental potential.
Unit Size
1,974 Ft²
Days on Market
69 days
Land Size
0.13 acres
Price per sqft
$263
Property Type
House
Property Taxes
-
HOA Dues
$330
Year Built
2015
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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 #AR24236863)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | No longer available | - | |
| No longer available | |||
| Nov 20, 2024 | Listed by Coldwell Banker Realty | $519,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 15, 2015 | Sold | ||
| Sold | |||
| May 20, 2015 | Listed by HK Lane Real Estate | $272,900 | |
| Listed by HK Lane Real Estate | |||
| | |||
|
Brand New Home at Vista Serena in Indian Palms Country Club, a 24 hour guard gated community with pools, spas, tennis courts, fitness center, clubhouse, 27 holes of golf and a hotel! This 2,047 sq. ft. home features 3 bedrooms, 3 bathrooms, granite slab kitchen counters, stainless steel appliances, including refrigerator, upgraded diagonal tile everywhere except bedrooms, which are carpeted, fireplace, recessed lighting, covered back patio looking out to a greenbelt area and front and back yard landscape with sprinkler/drip system. All this plus a Builder incentive!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Indio
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Listed by: Cesar Carrillo, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24236863
Last Updated: 2 years ago
Data Source: CRMLS, MLS# AR24236863
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