$258,000
●
House -
Off Market
50645 Chiapas Dr Drive
Coachella, CA 92236
4 Beds
2 Baths
1,363 Ft²
$393,405
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Great home in Placita de la Paz! Immaculate 4 bedroom and 2
bathrooms home, this home has it all! Open floor plan, new granite
counter tops in kitchen, new kitchen cabinets, tile floors,master
bedroom has a great walking closet, and bathroom with dual sink.
One of the rooms is currently setup to be a hair salon but Seller
will make sure to leave the room as a regular room. Garage has been
converted to a studio. New sliding door leading to the patio where
the patio has concrete, a great big shed room, and an outdoor sink
perfect to prepare food for BBQ's. There is also mature fruit trees
like mango, guava, Mexican lemon, and a date palm tree. This home
offers endless of possibilities; front porch is great to spend the
afternoons outside relaxing. Do not wait any longer this great home
will not last!
Unit Size
1,363 Ft²
Days on Market
170 days
Land Size
0.12 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
-
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: 4 months ago (CRMLS #218025384DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2019 | Sold | ||
| Sold | |||
| Sep 15, 2018 | Listed by Carlton Park Properties | $263,000 | |
| Listed by Carlton Park Properties | |||
Property Highlights
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 Coachella
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Maribel Vargas, Carlton Park Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218025384DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218025384DA
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