$690,000
●
House -
Off Market
80718 Mountain Mesa Drive
Indio, CA 92201
5 Beds
2 Baths
2,502 Ft²
$747,115
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Looking for a home with no HOA, no Mello-Roos and no rental
restrictions? Look no further! Situated at the end of a
cul-de-sac on an oversized lot is a 5 bed/ 2 bath in Madison Ranch.
The light and airy living room features a built-in
entertainment center and a gas fireplace. Enjoy entertaining in the
expansive formal dining area or the cozy breakfast nook. The
kitchen has plenty of cabinetry and a large walk-in pantry. The
primary bedroom includes a large walk-in closet and opens to the
back yard with views of your pool. All bedrooms have ceiling
fans and spacious closets. Laundry room is located inside the
home. Bask in the sun while floating in the sparkling pool,
hide underneath the umbrella as you chill on the sun shelf, or
relax the muscles in the sizeable spa. Close to dining, shopping,
Coachella and Stagecoach music festivals, polo, world-class golf
and much more. Don't miss out on this great opportunity to
own this home.
Unit Size
2,502 Ft²
Days on Market
46 days
Land Size
0.21 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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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 #219084253DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2025 | Listed | $839,000 | |
| Listed | |||
| | |||
|
Charming Southwestern-style single-level home in tranquil desert setting 4 bedrooms, 2 bathrooms, ~ 2,500 sqft located in the cul-de-sac. Fresh stucco exterior in warm desert tones, classic terracotta-tile roof, and low-maintenance landscaping with palm trees. Spacious driveway and two-car garage. Ideal for those seeking privacy, easy upkeep, and comfort. Perfect for home gatherings, includes resort style backyard with pool. bbq and hot tub. Ready to move in today. Furniture can be included for the right number. House is perfect as an investment, has full Airbnb set up; generating good income.
| |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Dec 8, 2023 | Listed by Dream Team Real Estate Consultants. Inc | $990,000 | |
| Listed by Dream Team Real Estate Consultants. Inc | |||
| | |||
|
Gorgeous, remodeled home with no HOA, no Mello-Roos and no rental restrictions. Situated at the end of a quiet cul-de-sac is a 5 bed / 2 bath in Madison Ranch. The light and airy living room features a gas fireplace which expands to the dining room area with a cozy breakfast nook. The master bedroom includes a walk-in closet and large bathroom with bathtub. All other bedrooms are spacious with tons of closet space. The resort style backyard features a heated pool and jacuzzi and patio for entertaining. Near Coachella and Stagecoach, it suits both homeowners as a primary residence or investors for a turnkey rental opportunity. The manager has listed the unit size as 2502 square feet.
| |||
| Oct 25, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | Listed by Weichert Realtors-Preferred | $714,000 | |
| Listed by Weichert Realtors-Preferred | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Indio
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Listed by: Douglas Neyhart, Weichert Realtors-Preferred
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219084253DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219084253DA
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