$94,900
●
House -
Off Market
81641 Avenue 48 #90 #90
Indio, CA 92201
2 Beds
2 Baths
1,280 Ft²
$173,458
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model
About This Property
With soaring 10 ft ceilings you'd never know this was a
manufactured home! The trellis entry and laminate wood flooring
create a warm rustic feel. A split floor plan offers privacy for
guests. A private entry suite could be created with modifications.
The kitchen features an island, double sink and upgraded faucet. A
slider leads to a trellised screened patio on the East side where
French doors also lead to the master suite with walk in closets.
More French doors open from the living room to the trellised West
patio. The master bath features a split tub/ bath and bevel block
window. Skylights in the kitchen and master bath were covered but
can be restored. New electric and gas meters mean readers do not
enter the property. The HVAC system was replaced in 2010 and the
property painted in 2012. A front button allows neighbors to close
your garage door when you forget! This is one of the few backing to
a lovely greenbelt leading to a community pool. Get your flip flops
out! 55+!
Unit Size
1,280 Ft²
Days on Market
39 days
Land Size
0.09 acres
Price per sqft
$74
Property Type
House
Property Taxes
-
HOA Dues
$210
Year Built
-
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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 #215005496DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2015 | Sold | ||
| Sold | |||
| Feb 12, 2015 | Listed by Tarbell REALTORS | $94,900 | |
| Listed by Tarbell REALTORS | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Breakfast Bar, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Open Floorplan, Track Lighting, Primary Suite, Utility Room, Walk In Closets
Appliances: Dishwasher, Gas Cooking, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Purifier
Flooring Type: Carpet, Laminate, Tile
Living Area Square Feet Source: Assessor
Doors: French Doors, Sliding Doors
Laundry Features: Laundry Room
Exterior Details
Year Built: 1980
Parcel Number: 616222009
Home Type: Residential
Foundation Details: Permanent
Roof: Composition, Shingle
Window Features: Blinds, Drapes, Skylights
Outdoor Living Structures: Enclosed
Spa Features: Community, In Ground
Private Pool
Pool Features: In Ground
Lot Information: Greenbelt, Yard
Lot Size Source: Assessor
Lot Size Acres: 0.09
Utilities Details
Cooling Type: Central Air, Gas
Heating Type: Forced Air, Natural Gas
Location Details
Association Amenities: Billiard Room, Clubhouse, Fitness Center, Game Room, Meeting Banquet Party Room, Pet Restrictions, Tennis Courts
Association Fee: $210
Association Fee Frequency: Monthly
Community Features: Gated
Security Features: Security Gate, Gated Community, Key Card Entry
Subdivision: Desert Grove
Subdivision Name: Desert Grove
Directions: Washington to 48th go East past Madison. Desert Groves will be on your right just before Monroe. Once inside turn left then right then left again. Go to the end of the block and turn left. Home will be on your left at the end of the street. Cross Street: Monroe.
Other Details
Listing Terms: Cash, CashToNewLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/12/2015
|
2 Bed
|
2 Bath
|
1280 ft²
|
$94,900
2 Bed
2 Bath
1280 ft²
|
$94,900
03/23/2015
|
Lance Frank
Berkshire Hathaway HomeServices California Properties
| |
|
01/23/2015
|
2 Bed
|
2 Bath
|
1210 ft²
|
$79,900
2 Bed
2 Bath
1210 ft²
|
$67,000
-16.15%
05/29/2015
|
Lance Frank
Berkshire Hathaway HomeServices California Properties
| |
|
02/21/2014
|
2 Bed
|
2 Bath
|
1312 ft²
|
$149,900
2 Bed
2 Bath
1312 ft²
|
$142,500
-4.94%
04/02/2014
|
Lance Frank
Berkshire Hathaway HomeServices California Properties
|
Building Info
About Indio
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Listed by: Lance Frank, Tarbell REALTORS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215005496DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215005496DA
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