$297,000
●
House -
Off Market
82075 Keitel Street
Indio, CA 92201
3 Beds
2 Baths
1,885 Ft²
$453,669
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Looking for affordability in a country club setting? This 3 BR, 2
BA 1,885 sq. ft. home located in Indian Palms Country Club, built
in 2006, is a great place to call home! The great room features a
fireplace, recessed lighting and sliders that open to the back
patio. The large kitchen has granite counters, GE Profile
appliances, work desk, and breakfast counter adjacent to the dining
area. The master suite, with door to the back patio, has dual
vanities, tub, step-in shower and a large walk-in closet. Extras
include ceiling fans throughout, separate laundry room, plus an
attached 2-car + golf cart garage. Outside, relax in style on the
private covered back patio that offers a wonderful setting
overlooking the nearby lake and scenic desert landscaping. Short
term rentals okay with HOA and City approvals! Indian Palms CC has
24-hour security, onsite management, a 27-hole championship course,
tennis, bocce, community pools, workout and banquet facilities,
dining - and low HOA dues.
Unit Size
1,885 Ft²
Days on Market
115 days
Land Size
0.12 acres
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
$267
Year Built
2006
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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 #218015508DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Desert Sands Realty | $405,000 | |
| Listed by Desert Sands Realty | |||
| | |||
|
PER THE HOA, 'NO RENTAL RESTRICTIONS ON THIS HOME' So if you are looking for an investment home to use to do short term rentals? This may be the one. Close to the Indio Polo Grounds, shopping, and more. This beautiful one-level home, located on a cul-de-sac. Once inside, you will find the desirable open floor plan and tall ceilings. The home offers 3 bedrooms, 2 baths, approx:1885 sqft of living. The gourmet kitchen has plenty of cabinets, double ovens, a gas cooktop, granite counters, and a breakfast counter. The spacious great room has a gas fireplace. The master bedroom is on the opposite side of the home for added privacy with a door that leads you out to the covered patio. The Master bath has a walk-in shower, large soaking tub, double vanity sinks, and spacious walk-in closet. You'll find a finished 2 car garage with a golf cart garage. The backyard has a covered patio and a view of the lake. Indian Palms CC has 24-hour security, a 27 hole championship course, community pools and so much more. Low HOAS and in the IID electric district.
| |||
| Sep 12, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by Coldwell Banker Realty | $299,900 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
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: Diane Busch, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218015508DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218015508DA
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