$298,000
●
House -
Off Market
81350 Avenida Morinda
Indio, CA 92201
4 Beds
3 Baths
2,061 Ft²
$530,895
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Upgraded home with pool size, park-like backyard setting with
fireplace, built in Bar-B-Q & sink. Professionally designed by
licensed landscape architect. Great entertaining yard. Dual A/C
units for more energy & cost savings. RV/boat parking on west side
of property behind gates. Garage has loads of cupboards for
storage. Interior has been freshly painted. Ceramic tile floors set
diagonally & bamboo flooring. Granite countertops in kitchen with
ceramic tile backsplash. Colors blend in nicely with tile floors.
Brand new stainless steel dishwasher, new microwave oven & new
convection/self cleaning 5 burner stove & oven. The 4th. bedroom is
off laundry room. All bedrooms have mirrored wardrobe sliding
doors. Great family home. Original owners. Absolutely move-in
condition in every respect both inside & out. Must see. Easy
showing.
Unit Size
2,061 Ft²
Days on Market
31 days
Land Size
0.22 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
$63
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 #215017682DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2015 | Sold | ||
| Sold | |||
| Jun 8, 2015 | Listed by Stacey Realty | $298,950 | |
| Listed by Stacey Realty | |||
Property Highlights
Garage
Air Conditioning
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
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Listed by: Russ Stacey, Stacey Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017682DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215017682DA
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