$430,000
●
House -
Off Market
80409 Portobello Drive
Indio, CA 92201
2 Beds
2 Baths
1,830 Ft²
$482,460
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Beautiful MOVE-IN READY 2 bedroom PLUS Den home in Heritage Palms
CC. This popular Merion plan features an open great room design
layout, dramatic brick paver entry courtyard, optional golf cart
garage area, bay windows plus the builders optional 5 ft. extended
family room and dining area. Additional upgrades include a recently
replaced A/C system, SOLAR electricity generation, porcelain tile
plank flooring, custom baseboards, plantation shutters, recently
painted inside & out, designer glass tile backsplash in the kitchen
and new lighting, hardware & ceiling fans. South facing rear yard
with an extended covered patio. Heritage Palms is an adult
community featuring an 18 hole championship golf course, indoor &
outdoor pools, tennis courts, pickle ball courts, fitness center,
card rooms, grill room, billiards room, social clubs and more.
Unit Size
1,830 Ft²
Days on Market
47 days
Land Size
0.12 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
$400
Year Built
2000
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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 #219066163DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2021 | Sold | ||
| Sold | |||
| Aug 13, 2021 | Listed by Riviera West Realtors, Inc. | $425,000 | |
| Listed by Riviera West Realtors, Inc. | |||
| Jul 29, 2017 | Listed | $210,000 | |
| Listed | |||
| | |||
|
This property has the potential to be your dream home, desert oasis 2nd home getaway, or a perfect investment property. Single story two bedroom, plus an office or hobby room off the main entrance. You will have plenty of room to breathe in the open-concept greatroom, and a roomy garage has plenty of room for two cars and a golf cart. The low maintenance backyard is easy to care for, and solar is already installed and running, with lease assumable for reliable low-cost energy savings. Bring your paintbrush and save, so make it your own today! The manager has listed the unit size as 1872 square feet.
| |||
| Jul 9, 2017 | Listed | $210,000 | |
| Listed | |||
| | |||
|
This property has the potential to be your dream home, desert oasis 2nd home getaway, or a perfect investment property. Single story two bedroom, plus an office or hobby room off the main entrance. You will have plenty of room to breathe in the open-concept greatroom, and a roomy garage has plenty of room for two cars and a golf cart. The low maintenance backyard is easy to care for, and solar is already installed and running, with lease assumable for reliable low-cost energy savings. Bring your paintbrush and save, so make it your own today! The manager has listed the unit size as 1872 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Phil Freebern, Riviera West Realtors, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066163DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219066163DA
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