Indian Palms Country Club condo home for year-round, seasonal,
weekend, & rental use. Fully remodeled single-level property on
spacious corner lot feels like a true home with private entry. Low
homeowner's association dues granting various amenities such as
access to heated pools & spas. Gated front yard encloses south
facing tiled-floor lounge space with access to living, kitchen,
guest bedrooms, & garage. Back yard fenced overlooking green grass
plus Golf Course Lake. Tall pitched ceiling, bright new paint, &
skylight with shade frame comfortable space. Host gatherings, enjoy
holidays with friends & family, work remote, or escape in your
desert oasis retreat. Modern floors with stainless steel ceilings
fans give a clean contemporary feel. Remodeled kitchen, deep sink
overlooking front courtyard having newer stainless steel Samsung
gas cook top stove with oven, dishwasher & microwave appliances.
Both bedrooms have direct-access bathrooms with tubs. Washer/dryer
inside closet. 1-car garage has ample storage space. Within secure
live-guard-gated community of Indian Palms Country Club, enjoy
access to the Hotel, Restaurant & Bar, Community Amenities, &
27-holes of championship golf course. Eastern Coachella Valley
location on low cost power utility IID, short distance to Empire
Polo Club, home to the Coachella & Stagecoach Music Festivals. Own
this rare opportunity to live the California Desert Country Club
lifestyle at a price you didn't know you could afford!
Unit Size
1,140 Ft²
Days on Market
30 days
Land Size
0.11 acres
Price per sqft
$307
Property Type
Condo
Property Taxes
-
HOA Dues
$398
Year Built
1984
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Cap Rate Calculator
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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.
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 1
Open Parking Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Multiple Primary Suites
Appliances: Convection Oven, Dishwasher, Gas Cooking, Disposal, Gas Oven, Gas Range, Microwave, Self Cleaning Oven, Vented Exhaust Fan
Flooring Type: Laminate
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Closet
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1984
Parcel Number: 614351105
Home Type: Residential
Foundation Details: Slab
Construction Materials: Stucco
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Community, Electric Heat, In Ground
Lot Information: Planned Unit Development, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.11
Utilities Details
Heating Type: Central, Forced Air
Location Details
Association Amenities: Clubhouse, Controlled Access, Sport Court, Fitness Center, Golf Course, Maintenance Grounds, Hot Water, Lake Or Pond, Management, Other Courts, Pet Restrictions, Recreation Room, Tennis Courts, Trails
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