$699,000
●
House -
Off Market
80539 Knightswood Road
Indio, CA 92201
2 Beds
1 Bath
1,917 Ft²
$4,035
Est. Monthly
$475
HOA / Fees
3.68%
Cap Rate
About This Property
Welcome to this easy-living home with sumptuous Santa Rosa mountain
views. A welcoming foyer opens to the great room layout with
expansive kitchen and breakfast bar for fluid entertaining. The
pristine 2B/2B plus-den home offers bedroom separation and ample
office space. Rich chocolate cabinetry, silver hardware and granite
counters enhance the spacious cooking space. The main bedroom suite
boasts an oversize bathroom with a walk-in closet and direct access
to the artfully landscaped patio overlooking the southern sweep of
the 17th fairway (without fear of errant golf balls). The enclosed
front courtyard features a lovely xeriscape garden, the perfect
welcome to this well-cared-for home. On a desirable street close to
the main clubhouse, this home is a great fit to this special
active-retirement club. At Heritage Palms, there is no initiation
fee, you own the Arthur Hill designed golf course! Your low HOA
dues give you access to tennis, pickleball, card and billiard
rooms, indoor & outdoor pool, fitness center, banquet facilities,
and a fabulous restaurant. It even includes cable TV and high-speed
internet access.
Unit Size
1,917 Ft²
Days on Market
83 days
Land Size
0.13 acres
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
$475
Year Built
2002
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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 #219109829DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| Apr 8, 2024 | Listed by HomeSmart | $725,000 | |
| Listed by HomeSmart | |||
| | |||
|
Welcome to this easy-living home with sumptuous Santa Rosa mountain views. A welcoming foyer opens to the great room layout with expansive kitchen and breakfast bar for fluid entertaining. The pristine 2B/2B plus-den home offers bedroom separation and ample office space. Rich chocolate cabinetry, silver hardware and granite counters enhance the spacious cooking space. The main bedroom suite boasts an oversize bathroom with a walk-in closet and direct access to the artfully landscaped patio overlooking the southern sweep of the 17th fairway (without fear of errant golf balls). The enclosed front courtyard features a lovely xeriscape garden, the perfect welcome to this well-cared-for home. On a desirable street close to the main clubhouse, this home is a great fit to this special active-retirement club. At Heritage Palms, there is no initiation fee, you own the Arthur Hill designed golf course! Your low HOA dues give you access to tennis, pickleball, card and billiard rooms, indoor & outdoor pool, fitness center, banquet facilities, and a fabulous restaurant. It even includes cable TV and high-speed internet access.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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
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Listed by: Mary Pat Anderson, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219109829DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219109829DA
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