$350,000
●
House -
Off Market
80316 Paseo Encanto
Indio, CA 92201
3 Beds
3 Baths,
1
Half Bath
1,716 Ft²
$487,919
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
LOCATION, location, LOCATION!!! This beautiful and well maintained
3 bedroom home is located in the family-friendly Encanto
neighborhood in Central Indio, down the street from Shields Date
Garden, Jackalope Ranch and just about anything you need...schools,
shopping, entertainment and MORE! Its two-story floor plan offers a
relaxing lifestyle, comfortably spacious rooms, vaulted ceilings,
and an indoor/outdoor entertaining space...ideal as a full-time
residence or as an AIRBNB, as it is only 2 miles from the EMPIRE
POLO GROUNDS. The kitchen has been tastefully updated with
STAINLESS STEEL appliances and beautiful GRANITE countertops and
backsplash. The 3-car garage has a RARE DRIVE-THROUGH GARAGE
offering many benefits. The expansive enclosed backyard with
covered patio, raised flower garden, and lots of green lawn space
for the kids and pets to run, offers plenty of room for
entertaining, gardening, and should you so desire, it can easily
accommodate a pool and spa. This home includes all appliances, and
furnishings are also available! NO HOA! Take the Virtual Tour right
now and explore each room for yourself.
Unit Size
1,716 Ft²
Days on Market
39 days
Land Size
0.19 acres
Price per sqft
$203
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 #219043013DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 27, 2021 | In contract | - | |
| In contract | |||
| Mar 16, 2021 | Listed | $430,000 | |
| Listed | |||
| | |||
|
Location, location, location!! This beautiful 3 bedroom 2.5 bath, two-story home is in the desirable neighborhood of Encanto located in Central Indio near shopping, dining, and more! Downstairs you will find a spacious living room, a warm and inviting kitchen, and a bonus room with a fireplace perfect for a cozy evening. All three bedrooms are upstairs, providing you as much privacy as you desire. The large enclosed backyard boasts a covered patio and plenty of room to add a pool and spa. Freshly painted with gorgeous new tile floors, this lovely home can be used as an Airbnb, is perfect for a second home, or a great find for a first time home buyer. Come and see it for yourself, it will not last! The manager has listed the unit size as 1716 square feet.
| |||
| Jun 23, 2020 | Sold | ||
| Sold | |||
| May 15, 2020 | Listed by Keller Williams Realty | $348,000 | |
| Listed by Keller Williams Realty | |||
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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: Julia Lawson, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219043013DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219043013DA
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