$650,000
●
House -
Off Market
81871 Sandy Court
Indio, CA 92201
5 Beds
3 Baths
3,081 Ft²
$1,099,398
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
Here's your chance to own a true Coachella Valley gem. This
beautiful, large and spacious custom home features 3081 square feet
with 5 bedrooms, 3 baths, an open floor plan, and is situated on a
huge lot that boasts 1.32 acres of rare and coveted land. Also,
this amazing home emphasizes energy efficiency as it is fully
equipped with a solar energy system, triple pane windows and two
newer AC units. Enjoy the awesome mountain views from the
large-sized sparkling pool. This property even includes RV parking
with hook-ups. Don't miss out on one of the great properties in the
valley.
Unit Size
3,081 Ft²
Days on Market
57 days
Land Size
1.32 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$272
Year Built
1999
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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: 5 months ago (CRMLS #216015390DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Jan 3, 2024 | Listed by Coldwell Banker Realty | $2,500,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
TAKING BACK UP OFFERS -Discover Strut Oasis, an extraordinary short-term rental generating $500k+ annually, just steps from the famed Indio polo fields hosting Coachella and Stagecoach festivals. This luxury property blends modern elegance with comfort, offering a lavish retreat. Meticulously designed interiors and spacious living areas create a welcoming ambiance. With multiple bedrooms, outdoor pool, and expansive entertainment spaces, it's an ideal haven for festival-goers. The strategic location ensures easy access to festival energy while maintaining a tranquil atmosphere. Proven revenue and prime festival proximity make Strut Oasis a lucrative investment. Don't miss this opportunity to own a piece of festival-inspired luxury in Indio's sought-after location.Buyer to verify any/all information
| |||
| Jul 8, 2016 | Sold | ||
| Sold | |||
| May 12, 2016 | Listed by HomeSmart | $649,900 | |
| Listed by HomeSmart | |||
| | |||
|
Here's your chance to own a true Coachella Valley gem. This beautiful, large and spacious custom home features 3081 square feet with 5 bedrooms, 3 baths, an open floor plan, and is situated on a huge lot that boasts 1.32 acres of rare and coveted land. Also, this amazing home emphasizes energy efficiency as it is fully equipped with a solar energy system, triple pane windows and two newer AC units. Enjoy the awesome mountain views from the large-sized sparkling pool. This property even includes RV parking with hook-ups. Don't miss out on one of the great properties in the valley.
| |||
| Nov 17, 2015 | Sold | ||
| Sold | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Ruth Hernandez, HomeSmart
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 216015390DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 216015390DA
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