50751 Los Palos Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2023 | No longer available | - | |
| No longer available | |||
| Aug 27, 2023 | In contract | - | |
| In contract | |||
| Aug 24, 2023 | Listed by Malbec Realty | $3,500,000 | |
| Listed by Malbec Realty | |||
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Gorgeous estate home. Ultra-secure with one guarded gated entrance and two electric gates, the estate sits on nearly one acre, fully fenced in amongst a small enclave of estate homes. Breath-taking 180 mountain views, with close proximity to the famed Coachella music festival, Empire and Eldorado Polo Club, Thermal Airport, and The Thermal club for the race car enthusiast. Recently completed in 2020, this custom home offers approximately 4,000 sq feet of living space with six bedrooms, five bathrooms! Home is connected to city water and on septic. Huge chef's kitchen, dream master bathroom. Features tons of outdoor parking space plus an oversized three-car garage This home will appeal to the most discerning of buyers who appreciate impeccable quality and exquisite artisanship with privacy. This recently completed compound is a very rare offering in this small community. This estate is not part of an HOA, and short-term rentals are permitted per the city of Indio. Buyers should contact the City of Indio to verify conditions and limitations. The manager has listed the unit size as 3993 square feet.
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| Sep 2, 2022 | Sold | ||
| Sold | |||
| Jun 18, 2022 | Listed by Jewel Realty | $2,490,000 | |
| Listed by Jewel Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017