$590,150
●
House -
Off Market
80388 Paseo Tesoro
Indio, CA 92201
4 Beds
3 Baths
2,028 Ft²
$2,877
Est. Monthly
About This Property
Explore the perfect short-term rental home in the inviting
non-gated community of Encanto, where the absence of HOA
restrictions enhances the blend of comfort and convenience. This
home features 4 warm bedrooms and 3 bathrooms, complemented by its
open concept, stainless steel appliances, a convenient indoor
laundry room and a 3 car garage.The private backyard offers an
idyllic setting for a sparkling pool and spa, an outdoor kitchen,
and space for al fresco dining. Additionally, there's gated RV
parking, further adding to its appeal. Ideal for families or savvy
investors, this welcoming property is in a tranquil neighborhood in
Indio, close to many major festivals and activities. The area's
quiet charm and focus on family-friendly living, paired with the
potential for significant investment returns, underscore the
property's appeal. Whether you're looking for a personal family
hideaway or a lucrative short-term rental venture, this exceptional
find is waiting for your discovery. Don't miss out on this
short-term rental opportunity. Act swiftly to make this desert
oasis yours!
Unit Size
2,028 Ft²
Days on Market
35 days
Land Size
0.20 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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 #219107401DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by Coldwell Banker Realty | $585,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Garage
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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Listed On
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Sold On
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HOA + Taxes
About Indio
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Currently no similar homes aroundNearby Rentals
Listed by: Jeffrey Fishbein, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107401DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107401DA
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