$229,000
●
House -
Off Market
80311 Moonshadow Drive
Indio, CA 92201
3 Beds
2 Baths
1,227 Ft²
$377,339
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model
About This Property
Location, location, location, this home is located in a Cul-de Sac,
in a very quiet family street, just off Highway 111 and Jefferson
St. on the border of the city of La Quinta and Indio, right behind
Jackalope Ranch Restaurant. It features 3bd/2ba, 2 car-gar, tile
floors throughout, carpet in bedrooms, very well taken care of. A
perfect family home. High ceiling, open floor plan, fireplace in
living room, beautiful landscaped front yard, automatic sprinklers.
Backyard has room for a pool, and access for an RV, boat, trailer.
Property is in good condition, it was recently re-painted, and
spruced up. Two sides are blockwall material. The neighbor is great
for a family. The neighbor is beautiful, all home complement each
other. You won't be disappointed. Tenants moved in from a larger
home, therefore it shows a bit clustered.
Unit Size
1,227 Ft²
Days on Market
300 days
Land Size
0.15 acres
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993
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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 #216014782DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Aug 20, 2022 | Listed by Desert Sotheby's Int'l Realty | $435,000 | |
| Listed by Desert Sotheby's Int'l Realty | |||
| | |||
|
Location, location, location! This sweet home is conveniently located just off Highway 111 and Jefferson St. near the border of the city of La Quinta and Indio. Home features three bedrooms, two baths, an open floorplan design, fireplace, two car-garage, and a spacious and private backyard with plenty of room for a new pool and spa plus RV access. A community feel without the HOA's makes this home a great contender for a possible short-term rental, close to festival venues, shopping, and entertainment.
| |||
| Mar 2, 2017 | Sold | ||
| Sold | |||
| May 6, 2016 | Listed by Vista Mirage Real Estate | $229,000 | |
| Listed by Vista Mirage Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Beds
Baths
ft²
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Sold On
HOA + Taxes
About Indio
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Listed by: Ernesto Gutierrez, Vista Mirage Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216014782DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216014782DA
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