80660 Plum Lane
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2021 | Sold | ||
| Sold | |||
| Apr 30, 2021 | Listed by HK Lane Real Estate | $699,000 | |
| Listed by HK Lane Real Estate | |||
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Really nice home at The Orchard, a gated community with low HOA's located off Avenue 49, one of the prettiest streets in Indio. Seller did some gorgeous remodeling and now has to move! The 4th bedroom has been remodeled to become a large Bonus room, which is currently used as an office. There was an incredible kitchen remodel with Quartz counters, huge island, open shelves and new appliances. Other features you'll love include the New floor, cabinets, tiled fireplace and stove hood, new doors, new hardware, fans, Nest system, new hot water heater, interior paint and more. The over sized lot is beautifully landscaped, features a firepit and a lovely covered porch, with lots of room for a pool. The furniture is included per Sellers inventory list at List price. Minimum 30 day rentals + 18 days over festival weekends (buyers to confirm with HOA)
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| Mar 2, 2020 | Sold | ||
| Sold | |||
| Nov 15, 2019 | Listed by RE/MAX Desert Properties | $565,000 | |
| Listed by RE/MAX Desert Properties | |||
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Single-story home in the gated community of The Orchard. This exquisitely home offers 4 bedrooms and 3 bathrooms. The spacious master suite has an office area. The master bathroom includes two separate sinks with travertine tile counters and a separate tub. The walk-in closet has built-ins for your convenience. The dining room and most of the bedrooms have beautiful white shutters. The kitchen and island has slab granite counters. It also includes a pantry and desk area. This home was designed for today's lifestyle with an open floorplan making it effortless for entertaining guests and allowing you to enjoy the lovely landscape from the extended covered back patio. This premium lot is 13,068 SqFt to easily accommodate the pool of your dreams. It features professionally done landscaping that surrounds the property. The back yard has western mountain views. The 3 car garage should be perfect for your automobile needs. The house is centrally located close to restaurants, and shops, but also is close to PGA West, Polo festival grounds home to Coachella Fest & Stagecoach. It is on Imperial Irrigation Power (lower cost energy) and low HOA Dues. Come make this house your home
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017