81165 Paludosa Drive
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2023 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | In contract | - | |
| In contract | |||
| Jun 13, 2023 | Listed by HomeSmart Professionals | $659,000 | |
| Listed by HomeSmart Professionals | |||
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Beautifully remodeled short-term rental with new pool and spa in the highly sought after community of Waring Palms in Indio. This 3-bedroom 2-bath is perfect for an investor, or entertaining family and friends and has an impressive open floorplan with modern attractive gray and white tones including the elegant wood like flooring, gorgeous fireplace with stone accents, vaulted ceilings, and a huge, updated kitchen with white cabinets, light granite slab counters with cool backsplash. The bathrooms have also been remodeled and the buyer will appreciate all the newer windows, sliding doors, an enormous new covered patio, and newer water heater. The primary bedroom is spacious, and the primary bathroom has a two-sink vanity, massive glass shower, and a walk-in closet while both secondary bedrooms currently accommodate two beds each. This beautiful home has newer exterior paint and is over 2,000 sq ft, situated on a nice sized private lot, with separate laundry room inside, plus additional storage room in garage, with plenty of additional parking. The new pebble-tec pool and spa has custom lighting and a nice water feature. Waring Palms is a non-gated community with No HOA and is perfectly located within minutes of retail shopping, restaurants, and proximity to the Coachella and Stagecoach festivals. The manager has listed the unit size as 2006 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Feb 18, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017