$659,000
●
House -
Off Market
80736 Plum Lane
Indio, CA 92201
5 Beds
5 Baths
2,979 Ft²
$1,110,258
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model
About This Property
The Estate @ The Orchard, Enter your private compound throug
electric gate. Here you will find an extraordinary SINGLE STORY
home with 5 bedrooms, 4.5 bathrooms, with casita. Enjoy this open
and spacious floor plan with open cooks kitchen, living and bonus
room. Master suite features a large walk-in closet and spacious
bathroom. Enjoy TWO FIREPLACES 1- indoor and 1- outside the casita
in the courtyard. The Front yard is like a private park including
custom table and large fountain. The back yard is like a private
resort Backyard with a gorgeous large pebble tec pool, spa and with
a nice over sized covered patio with misting system, and outdoor
cooks kitchen with all you need. Perfect home to entertain friends,
family and out of town guest. This lot and home are a one of a kind
for this community. call Michael for a private showing.
Unit Size
2,979 Ft²
Days on Market
59 days
Land Size
0.43 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
2005
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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 #216027186DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by HomeSmart | $1,195,000 | |
| Listed by HomeSmart | |||
| | |||
|
Upon Entering the private gated community of The Orchard you are over come with the citrus and floral sent that fill the air. The landscape is well appointed through-out the neighborhood with mature orchard trees lining the streets. If you feel this is special just wait until you see this 6 bedroom 5 bathroom home. The true gem of the neighborhood with an extra large lot and its very own private gate. This one of a kind home has it all. Upgraded and furnished all that is needed is you. From fountains and rose bushes greeting you to lush trees and an inviting pool. This home is a dream come true. Come see the magic this home has in store. The estate has been a successful rental for the past 3 years. The orchard allows 5 short term rental periods for festivals and 30 day rentals other times.This home has been rented long and short term. P&L available upon request.
| |||
| Nov 18, 2016 | Sold | ||
| Sold | |||
| Sep 20, 2016 | Listed by Bennion Deville Homes | $659,000 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Indio
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Listed by: Michael Fogarty, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216027186DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216027186DA
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