$560,000
●
House -
Off Market
80409 Corte Alegria
Indio, CA 92201
3 Beds
3 Baths,
1
Half Bath
1,716 Ft²
$611,247
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
Great opportunity to own this beautiful 2-story pool & spa home.
It's centrally located in the community of Encanto on a Cul-de-sac
street (perfect for kids). It's close to Restaurants, Stores,
Casinos and the Polo Grounds (host of the Coachella Fest and Stage
Coach)! Perfect for Short Term rentals, seasonal or long terms
rentals! This home features 4 bedrooms, 3 full bathrooms,
formal living room and a family room! Tiled floor through out the
first floor! The kitchen offers, granite counter tops! The backyard
is spacious with covered patio on the rear yard and Pool/Spa on the
side yard and it's gated for kids safety! The backyard also offers
multiple fruit trees (Mango, Guava & Oranges). On public records
shows 3 bedrooms and 2.5 bathrooms.
Unit Size
1,716 Ft²
Days on Market
161 days
Land Size
0.20 acres
Price per sqft
$341
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #219084137DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2022 | Listed by Desert Sands Realty | $585,000 | |
| Listed by Desert Sands Realty | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Veronica Perez, Desert Sands Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219084137DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219084137DA
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