Listed by: Christa O'Brien, Shea Homes Marketing Company
$529,275
●
House -
Off Market
50860 Monterey Canyon (Lot 5007) Drive
Indio, CA 92201
2 Beds
3 Baths
2,039 Ft²
$652,812
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Experience indoor/outdoor living at its best in this gorgeous
Excite! Sliding walls of glass open both the great room and dining
area to the covered patio, creating an expansive open-air
entertaining space. The bright and beautiful main living area also
includes a gourmet kitchen with upgraded appliances, quartz
countertops, white Shaker-style cabinets, and more. The master
suite is a serene retreat with a spa-inspired bath, generous
walk-in closet, and views of the landscaped backyard through a
beautiful bedroom bay window.Construction by Shea Homes Limited
Partnership. (CSLB #855368). Located within Trilogy at The Polo
Club, an all-ages community with select neighborhoods that are
intended for occupancy by at least one person 55 years or older,
with certain exceptions. The Club is private. Access to the Club
and its amenities and events via a written membership agreement
with the Club owner.
Unit Size
2,039 Ft²
Days on Market
127 days
Land Size
0.20 acres
Price per sqft
$257
Property Type
House
Property Taxes
-
HOA Dues
$180
Year Built
2019
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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: 3 years ago (CRMLS #219052192DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by Shea Homes Marketing Company | $524,990 | |
| Listed by Shea Homes Marketing Company | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Christa O'Brien, Shea Homes Marketing Company
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052192DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052192DA
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