$315,000
●
House -
Off Market
80252 Royal Dornoch Drive
Indio, CA 92201
2 Beds
2 Baths
1,122 Ft²
$2,170
Est. Monthly
$475
HOA / Fees
8.78%
Cap Rate
About This Property
This 2 bedroom 2 bath is perfect for someone looking for a smaller
home that needs some TLC. The home is virtually staged in the
photos. New carpet and new paint and cute furniture you will be
living in style. Heritage Palms is a highly sought after 55 plus
community with so many wonderful amenities. There is an 18 hole
championship golf course, pickle ball, tennis, indoor and outdoor
pools, spa , pro shop, banquet room, card room, workout room, many
social clubs and more. The community is close to the World famous
Indian Wells tennis garden and also not far from El Paseo our world
famous shopping and eating street. Call me today for a showing.
right now this is the lowest price home for sale in the community
on the MLS.
Unit Size
1,122 Ft²
Days on Market
85 days
Land Size
0.10 acres
Price per sqft
$307
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
1998
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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 #219105541DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Jan 16, 2024 | Listed by Coldwell Banker Realty | $345,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 3, 2013 | Sold | ||
| Sold | |||
| Aug 20, 2013 | Listed by Bennion Deville Homes | $189,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Super opportunity to belong to a great community at a bargain price. This attached home offers a spacious great room, dinette area and open kitchen. Master bedroom has bay window, coffered ceiling, large bath and walk-in closet. Sunny backyard with extended patio offers lots of privacy. Home also offers an inside laundry room, 2-car garage and an enclosed front courtyard. This is not a condo, you own the home and the land it sits on. Conveniently located in walking distance of the clubhouse. Great Golf! NO INITIATION FEE & we own the course! Heritage Palms is an active 55+ gated community w/24-hour security & is centrally located. Enjoy the 18-hole championship golf course, newly remodeled clubhouse, restaurant & lounge, fitness center, 4 lighted tennis courts & indoor/outdoor pool & spa. Low HOA dues. Low I.I.D. electric rates. Affordable luxury at its best! Don't delay, these small homes go quickly.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kathleen Sunshine O'Brien, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219105541DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219105541DA
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