$535,000
●
House -
Off Market
81142 Las Colinas Avenue
Indio, CA 92201
4 Beds
2 Baths
1,691 Ft²
$567,574
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
Welcome to 81142 Las Colinas Ave Indio CA. Located behind the gates
on Las Brisas I on Ave 48th. This home offers an amazing backyard
with and oversized RV parking with electric hookup, Alumawood patio
cover with ceiling fans and lighting, outdoor speaker system, Patio
misting system, Built in gas BBQ, island with outdoor fridge and a
beautiful fire pit. The pool and the spa are a great addition to
the home and the feel of a resort style home. New AC was installed
in 2020, Pool security fence available. The interior of the home
was recently remodeled with granite counter tops and tile
throughout the interior. Formal Living room and family room.
All stainless steel appliances and many more upgrades to
mention here, You must come to see it in person. looking for
your family. for a second home this is it! Located with in
walking distance of the World Famous Coachella Fest and Stagecoach
grounds. We invite you and your family to come and see this
beautiful home ready for you to call it HOME!
Unit Size
1,691 Ft²
Days on Market
58 days
Land Size
0.18 acres
Price per sqft
$316
Property Type
House
Property Taxes
-
HOA Dues
$138
Year Built
2002
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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: 25 days ago (CRMLS #219086298DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2023 | No longer available | - | |
| No longer available | |||
| May 6, 2023 | Listed by Desert Palms Realty | $599,000 | |
| Listed by Desert Palms Realty | |||
| | |||
|
Fabulous Gated Community of Las Brisas , on Ave 48th. Perfect Family Home! This home offers an amazing backyard with and oversized RV parking with electric hookup, Alumawood patio cover with ceiling fans and lighting, outdoor speaker system, Patio misting system, Built in gas BBQ, island with outdoor fridge and a beautiful fire pit. The pool and the spa are a great addition to the home and the feel of a resort style home. New AC was installed in 2020, Pool security fence available. The interior of the home was recently remodeled with granite counter tops and tile throughout the interior. Formal Living room and family room. Freshly Painted All stainless steel appliances and many more upgrades. The best part is you are on IID electric!!! Super easy to show.. You don't want to miss this one. NO short term rentals in this communty... 30 days or more for rentals.. The manager has listed the unit size as 1691 square feet.
| |||
| Dec 21, 2022 | Sold | ||
| Sold | |||
| Oct 24, 2022 | Listed by Better Homes and Gardens Real Estate | $535,000 | |
| Listed by Better Homes and Gardens Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Juan Martinez, Better Homes and Gardens Real Estate
Last Updated: 25 days ago
Data Source: CRMLS, MLS# 219086298DA
Last Updated: 25 days ago
Data Source: CRMLS, MLS# 219086298DA
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