$249,000
●
House -
Off Market
49905 Bates Street
Indio, CA 92201
2 Beds
3 Baths,
1
Half Bath
1,808 Ft²
$491,240
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model
About This Property
Beautiful home located in the gated community of Indian Palms
Country Club. This home features 2 bedrooms (plus den/office) and
2.5 bathrooms. The open floor plan includes oversized tile, ceiling
fans in all rooms, plantation shutters, and a gas fireplace in the
living area. All rooms are wired for surround sound and cable. The
kitchen is perfect for entertaining with a large island, granite
countertops, walk-in pantry, and a double oven which opens to the
dining and living area. The home also features an indoor laundry
room, 2 car garage with golf cart garage and a home security
system. Enjoy the beautiful sunsets on the back patio which backs
up to the impeccably maintained greenbelt. The stunning mountain
views will take your breath away! The patio is also equipped with a
retractable awning. New air conditioner was installed in 2010. The
community offers a championship golf course, a 59 room boutique
style hotel, 5 tennis courts, 3 pools & spas and a fitness center.
Unit Size
1,808 Ft²
Days on Market
62 days
Land Size
0.12 acres
Price per sqft
$139
Property Type
House
Property Taxes
-
HOA Dues
$285
Year Built
2007
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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 #21482365DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2013 | Sold | ||
| Sold | |||
| Oct 1, 2013 | Listed by Keller Williams Realty | $252,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
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: Wasserman Real Estate Group, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21482365DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 21482365DA
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