$452,000
●
House -
Off Market
81248 Palm Meadows Drive
Indio, CA 92201
3 Beds
2 Baths
1,360 Ft²
$454,205
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Location, location, location! Welcome to West Indio, this well
centralized property just hit the market awaiting a lucky new
owner. Over 1360 sq. ft. This 3 bedroom and 2 bath home with a
large lot will catch your eye! Featuring vaulted ceilings, an
open floor plan concept, family room with a fireplace, built in
1995, this home offers an expansive floor plan and oversized lot.
This home is perfect for entertaining guests indoors and outdoors.
A front covered patio welcomes you into the home. From the
moment you walk into the home you will be impressed by the vaulted
ceilings and the large open concept design with a connected living
room and kitchen perfect for gatherings. Breakfast bar located in
the kitchen area. Ample parking space with an oversized 3-car
attached garage parking is a bonus feature that you will enjoy. No
HOA , prime destination for festivals, venues and shopping center,
centrally located. Must SEE!!
Unit Size
1,360 Ft²
Days on Market
83 days
Land Size
0.16 acres
Price per sqft
$330
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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 #219075714DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2022 | Sold | ||
| Sold | |||
| Mar 18, 2022 | Listed by Excellence RE SoCal Properties | $449,000 | |
| Listed by Excellence RE SoCal Properties | |||
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
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: Jesus Martinez, Excellence RE SoCal Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075714DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075714DA
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