$545,000
●
House -
Off Market
79165 Olite Court
Indio, CA 92203
3 Beds
3 Baths,
1
Half Bath
2,293 Ft²
$613,372
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
Great opportunity to own this beautiful pool & Spa home, located in
the desirable Gated Community in Espana homes on Adams Street! This
home features 3 bedrooms, 2.5 bath, tiled floor through out the
common areas. The kitchen offers granite counter tops, center
island, ceiling recess lights, stainless steel appliances
(microwave, cooktop, double oven, dishwasher and a new
Refrigerator). The backyard Offers a Concrete patio deck, a
beautiful lap pool with waterfalls & raised spa!. Bring your
clients today.,
Unit Size
2,293 Ft²
Days on Market
73 days
Land Size
0.16 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
$92
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: 3 years ago (CRMLS #219065956DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 20, 2023 | In contract | - | |
| In contract | |||
| Mar 9, 2023 | Listed by Desert Sands Realty | $600,000 | |
| Listed by Desert Sands Realty | |||
| | |||
|
Beautiful Espana POOL Home! NO MELLO ROOS! This wonderful home is centrally located in the highly desirable, gated community of Espana in Indio. Perfectly maintained and BEAUTIFULLY cared for, this 3 bedroom, 2.5 bath home features a bright and light kitchen with slab granite countertops, stainless steel appliances, a large pantry and cabinets galore, a large and open great room, plus a formal dining area... perfect for entertaining! Other features include a primary suite that is separate from guest rooms (great for visitors and privacy!), a highly upgraded primary bath with an oversized shower and large soaking tub, a large walk in closet, extra storage space throughout the home, tile flooring in all main rooms and walkways, upgraded carpeting in bedroom, AND, an amazing rear yard with a POOL and SPA! Espana is continuing to be developed and this home has all of the upgrades you would want without the builder's price... complete, perfect and ready for its new owners! Located a short distance from shopping, restaurants, schools and fwy access, Espana is Indio's best kept secret and IDEAL for your family or a vacation home! TRULY a must see.. Schedule your showing today and bring us your offers! The manager has listed the unit size as 2293 square feet.
| |||
| Jan 22, 2023 | No longer available | - | |
| No longer available | |||
| Nov 11, 2022 | Price Decreased |
$629,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Indio
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Listed by: Veronica Perez, Desert Sands Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219065956DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219065956DA
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