$800,000
●
House -
Off Market
80766 Desert Spur Drive
Indio, CA 92201
4 Beds
2 Baths
2,238 Ft²
$704,442
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model
About This Property
Here is another investment opportunity, This 4B/2B Property
has a short term AIRBNB, and no HOA This is the one you've been
waiting for close to Coachella & Stagecoach! Has a 3 car garage.
Pebble tech pool also has 2/3yr HVAC system. Property also comes
with 14 solar panels paid by seller that is included...Great short
term Air B&B rental potential during festivals! Enter into a
HUGE great room with cozy fireplace, This home will sell fast!
Unit Size
2,238 Ft²
Days on Market
33 days
Land Size
0.20 acres
Price per sqft
$312
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 #219077074DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Price Increased |
$739,900
↑ $41K
(5.9%) | |
| Price Increased | |||
| Apr 3, 2024 | Price Increased |
$699,000
↑ $14K
(2%) | |
| Price Increased | |||
| Feb 17, 2024 | Listed by All Encompass Realty | $685,000 | |
| Listed by All Encompass Realty | |||
| | |||
|
Beautiful Short-Term rental Airbnb pool home with "NO RENTAL RESTRICIONS",NO HOA! near the "Coachella" location ready to sell to a short-term rental investor. This property has everything it needs for guests to feel comfortable on their stay and has many returning guests who pay top dollar for staying, there is a 5th room addition as well adding more Airbnb desirability for rental and income potential! This home has 14 solar panels that are paid off! Owner is generating good yearly income, but property is too busy for him to keep up. Selling at a discount, come see it before its gone! The manager has listed the unit size as 2238 square feet.
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Property Highlights
Air Conditioning
Parking Available
Garage
Fireplace
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sean Carbajal, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219077074DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219077074DA
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