$297,000
●
House -
Off Market
80604 Prestwick Place
Indio, CA 92201
2 Beds
2 Baths
1,766 Ft²
$555,764
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
Home is located on the S.side of this 55+ active adult community,
close to the Clubhouse, Restaurant, Fitness Center and Pools. The
home is filled with natural light, with a good view outside of all
the neighborhood comings & goings. Furniture available outside of
escrow for pennies on the dollar. The residents are the original
owners and have cared for the home meticulously. Lots of
possibilities for expansion of outdoor areas. Perfect as a lease
property or for full-time residents. Low HOA of only $315/mo.
Average age of residents is 68 years old. Loads of activities and
the 18-hole Championship course is tip-top. If you don't play golf,
not to worry, there is something here for everyone. The Homeowners
own everything so there is no need to worry about escalating costs.
We are very budget conscious. That's not to say we're cheap. We
will spend money where it makes sense. Drop by the Clubhouse for
lunch and get a feel for who we are. Darn nice folks, if I do say
so myself!
Unit Size
1,766 Ft²
Days on Market
47 days
Land Size
0.16 acres
Price per sqft
$169
Property Type
House
Property Taxes
-
HOA Dues
$315
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 #214019019DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2014 | Sold | ||
| Sold | |||
| May 14, 2014 | Listed by HK Lane Real Estate | $299,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
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
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Listed by: Patricia Wilhite, HK Lane Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214019019DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214019019DA
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