$400,000
●
House -
Off Market
81437 Francis Avenue
Indio, CA 92201
3 Beds
1 Bath
1,185 Ft²
$1,965
Est. Monthly
About This Property
Charming Indio Home!Welcome to this beautifully updated 3-bedroom,
2-bathroom home in a mature, well-established neighborhood of
Indio. Built in 1959, is centrally located and this area
offers a mix of classic charm and modern convenience.Step inside to
a freshly painted interior with brand-new flooring and sleek new
countertops, making this home move-in ready. The spacious front and
backyard provide endless possibilitiesa"you can add a front-load
pool, a backyard retreat, or even an ADU for additional living
space.This home is North-facing, cozy and quaint and close to
schools, freeway access, popular eateries, and all the conveniences
you need. Plus, with no HOA, you have the freedom to make this
space truly your own.Don't miss this opportunity to own a piece of
Indio's history while enjoying all the modern updates and future
possibilities this home has to offer!
Unit Size
1,185 Ft²
Days on Market
117 days
Land Size
0.18 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 2 years ago (CRMLS #219124325DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| Feb 5, 2025 | Listed by Desert Properties Realtors | $400,000 | |
| Listed by Desert Properties Realtors | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Oasis Palms
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Listed by: Marlene Ruttenberg, Desert Properties Realtors
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219124325DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219124325DA
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