$2,100,000
●
House -
Off Market
81610 Avenue 50
Indio, CA 92201
3 Beds
3 Baths
3,100 Ft²
$11,736
Est. Monthly
About This Property
HUGE PRICE REDUCTION! A once-in-a-lifetime opportunity awaits
you! Explore the enchanting Shady Dune Ranch, a 5.33-acre oasis
along a private road, just across from the famed Coachella and
Stagecoach Music Festivals. This distinctive horse property
features a 3100 sq ft house perched atop a dune, providing
unparalleled 360-degree panoramic views of the mountains and
beyond. Lot is Zoned Neighborhood Center which allows endless
opportunities for many developer needs and dreams. Witness both
sunrise and sunset in this desert haven, now on the market for the
first time in 23 years. Unleash the potential to develop or
subdivide, shaping your dream retreat with STR ability or resort on
this vast parcel. Private events are also allowed with proper
permitting. Tailored for horse enthusiasts, it seamlessly combines
tranquility with endless possibilities. Seller financing is
available with the correct terms. Schedule a viewing today and see
the potential yourself!
Unit Size
3,100 Ft²
Days on Market
75 days
Land Size
5.33 acres
Price per sqft
$771
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 #219114630DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Scott Braun Realty | $2,390,000 | |
| Listed by Scott Braun Realty | |||
Property Highlights
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: Scott Braun, Scott Braun Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219114630DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219114630DA
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