$280,000
●
House -
Off Market
49881 Maclaine Street
Indio, CA 92201
2 Beds
2 Baths,
1
Half Bath
1,808 Ft²
$407,553
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
The home sits on a secluded green belt in the heart of the Indian
Palms Country club. This is a turn-key and ready for move-in home,
and can be yours just in time for the season. The home is adjacent
to the world-renown Eldorado and Empire Polo Fields. Because of the
proximity to these event locations. The property is great for
investment purposes for vacation rentals. Call now for a showing.
Unit Size
1,808 Ft²
Days on Market
71 days
Land Size
0.12 acres
Price per sqft
$158
Property Type
House
Property Taxes
-
HOA Dues
$269
Year Built
2006
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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: 4 months ago (CRMLS #IV20000554)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by VAN ESTATES, INC | $285,000 | |
| Listed by VAN ESTATES, INC | |||
| Nov 16, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by Nilson Realty | $254,000 | |
| Listed by Nilson Realty | |||
| | |||
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This Indian Palms Country Club home overlooks a nice open greenbelt featuring desertscape and distant views of mountains in the background. 3 bedrooms, 3 bathrooms with oversize tile and new carpet in the bedrooms. Den is currently used as a den, add a closet to convert to bedroom! The spacious Great Room features a cozy fireplace and leads to a nicely sized rear patio. The Chef's Kitchen offers a center island, walk-in pantry, granite counters and an adjacent Dining area. The Master Bedroom suite features a sitting area and an impressive bath with abundant natural lighting. The Guest Bedroom has sliding glass doors offering private access to the side yard. A Cozy Den/Office with double doors for privacy. Home has low-E windows! Here at Indian Palms, your reasonable monthly HOA dues include all landscaping and the use of a community pool/spa. Enjoy 27 holes of public golf (3 x 9-holes), as well as onsite fitness, a Boutique Hotel, Clubhouse Restaurant and Bar.
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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
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ft²
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About Indio
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Listed by: JEFF VAN ES, VAN ESTATES, INC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20000554
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV20000554
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