$450,000
●
House -
Off Market
80300 Paseo Encanto
Indio, CA 92201
3 Beds
2 Baths
1,565 Ft²
$2,357
Est. Monthly
About This Property
Welcome to 80300 Paseo Encanto, a 3 bedroom, 2 bathroom home
sitting on a generous corner lot just minutes from La Quinta and
surrounded by some of the desert's most desirable neighborhoods.
This home offers a solid layout and plenty of space, with the added
bonus of leased solar panels to help keep utility costs low year
round. While it hasn't been updated, it's the perfect blank canvas
for someone ready to add their own style and build equity in a
great location. With no HOA, a family friendly floor plan, and
excellent proximity to schools, shopping, dining, and golf, this
property is ideal for first time buyers, families, or investors
looking for a smart opportunity. Affordable, well located, and full
of potential this is one you don't want to miss!
Unit Size
1,565 Ft²
Days on Market
61 days
Land Size
0.18 acres
Price per sqft
$307
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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 #219127979DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| Apr 6, 2025 | Listed by KUD Properties, Inc. | $480,000 | |
| Listed by KUD Properties, Inc. | |||
| Dec 7, 2022 | No longer available | - | |
| No longer available | |||
| Nov 19, 2022 | Price Decreased |
$515,000
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Nov 13, 2022 | Listed by Desert Elite Properties | $545,000 | |
| Listed by Desert Elite Properties | |||
| | |||
|
This home is situated on a large corner lot in desirable Encanto. Located near Highway 111 for quick access to the best of Indio and the best of La Quinta. Minutes from the Coachella Music Festivals at the Polo grounds, Tennis Gardens and PGA West Golf tournaments and so much more. No HOA! No Melloroos!. Great opportunity for rental or a perfect home for a family! Enjoy the 3 car garage and the private back yard. The manager has listed the unit size as 1565 square feet.
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Brianna Broyles-Vargas, KUD Properties, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219127979DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219127979DA
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