$349,000
●
House -
Off Market
80729 Desert Spur Drive
Indio, CA 92201
5 Beds
2 Baths
2,502 Ft²
$535,559
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Crisp, clean and pristine! One of the largest lots in the popular
Madison Ranch Community has just hit the market! It is in close
proximity to the world-famous Empire Polo grounds, site of the
Coachella and Stagecoach music festivals. The homes location makes
it a triple option of opportunity; a Primary Residence, a Vacation
Getaway -or- a Fantastic Rental for nearby festivities. Upgraded
parking gives you plenty of room to store a toy hauler, RV or boat.
The rear yard is equipped with speakers, perfect for outdoor
entertaining. A wrap around covered patio on a premier lot spanning
over 12,000 sq. ft gives you plenty of room to enjoy outdoor
activities. Schedule your private showing today!
Unit Size
2,502 Ft²
Days on Market
55 days
Land Size
0.28 acres
Price per sqft
$139
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: 2 years ago (CRMLS #218005758DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2018 | Sold | ||
| Sold | |||
| Feb 16, 2018 | Listed by Bennion Deville Homes | $349,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Gabino Gomez Saenz III, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218005758DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218005758DA
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