$235,000
●
House -
Off Market
53748 Slate Drive
Coachella, CA 92236
4 Beds
3 Baths
2,358 Ft²
$395,464
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model
About This Property
This home is located in the beautiful community of Somerset in the
city of Coachella. This property offers 4 bedrooms, 3 bathrooms and
no HOA fees.
Unit Size
2,358 Ft²
Days on Market
197 days
Land Size
0.14 acres
Price per sqft
$102
Property Type
House
Property Taxes
-
HOA Dues
-
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: 2 years ago (CRMLS #216026730DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2023 | No longer available | - | |
| No longer available | |||
| Dec 17, 2022 | Price Decreased |
$498,000
↓ $12K
(2.4%) | |
| Price Decreased | |||
| Nov 11, 2022 | Price Decreased |
$510,000
↓ $35K
(6.4%) | |
| Price Decreased | |||
| Jul 30, 2022 | Listed by Berkshire Hathaway HomeServices California Properties | $545,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
Welcome to your future home! This 2-story, 2,358 square foot home is perfect for a large family with five bedrooms, two and a half bathrooms, living room, formal living room, and plenty of room to enjoy some peace and quiet. Located in the lovely neighborhood of Somerset, you are just a short car ride away from schools, places to dine, a casino, and even the world-famous Polo Grounds where the Coachella Festival is held. The side gate provides access to R.V. parking, which is perfect for families that enjoy traveling. This well-maintained home is an opportunity that you won't want to miss! More photos will be posted soon. Price reduced, the house will be sold as is, and no repairs will be made by the Seller. The manager has listed the unit size as 2358 square feet.
| |||
| Mar 30, 2017 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Coachella
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Listed by: Jamie Denice Chavez, Jamie Chavez, Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216026730DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216026730DA
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