$410,000
●
Condo -
Off Market
82191 Waring Way
Indio, CA 92201
3 Beds
2 Baths
1,402 Ft²
$435,893
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model
About This Property
Welcome to Indian Palms. Attention all investors! Rental history is
outstanding! This hidden gem is located steps from the festival
sites, minutes from the Indian Wells tennis gardens, minutes from
the PGA golf sites. Indian Palms allows rentals! Another fantastic
L and L Contracting renovation! Perfect location in fabulous
Indian Palms. This three bedroom/two bath is an end unit offering
lots of privacy. Light and bright large rooms with a very homey
feel. Large walled in back patio with alumawood covering for
entertaining. Located on a quiet dead end street. Close to your
choice of two pools. This 3 bedroom 2 bath model offers a spacious
great room and an open kitchen concept. The baths offer dual
vanities, lots of linen storage, and room to grow. New Milgard Low
E dual paned windows, seperate mini split A/C unit maximizes energy
efficiency throughout. All aspects of this property have been
updated, amenities abound!
Unit Size
1,402 Ft²
Days on Market
29 days
Land Size
0.06 acres
Price per sqft
$307
Property Type
Condo
Property Taxes
-
HOA Dues
$398
Year Built
1975
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (CRMLS #219075926DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by HK Lane Real Estate | $430,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Parking Available
With View
Parking Details
Parking Features: Assigned, Covered, Driveway
Open Parking Spaces: 2
Total Garage and Parking Spaces: 5
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Interior Features: Breakfast Area, Cathedral Ceilings, High Ceilings, Open Floorplan, Recessed Lighting, Primary Suite, Walk In Closets
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water To Refrigerator
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Laundry Features: Laundry Closet
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1975
Parcel Number: 614280044
Waterfront Features: Stream
Home Type: Residential
Architectural Style: Traditional
Foundation Details: Slab
Roof: Clay
Window Features: Blinds, Double Pane Windows, Low Emissivity Windows, Screens
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Spa Features: Community, In Ground
Private Pool
Pool Features: Community, In Ground
Lot Information: Close To Clubhouse, Greenbelt, Landscaped, Planned Unit Development, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.06
Utilities Details
Cooling Type: Dual
Heating Type: Central, Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Clubhouse, Fitness Center, Golf Course, Pet Restrictions, Security, Water
Association Fee: $365
Association Fee Frequency: Monthly
Association Fee2: $33
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: Indian Palms development is located off of Monroe street 1 block south of 48th street. Enter the main gate off of Monroe and guard will direct you to the property. Cross Street: Odlum.
Other Details
Listing Terms: Cash, CashToNewLoan, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
08/31/2023
| |
3 Bed
|
2 Bath
|
1402 ft²
|
$469,000
3 Bed
2 Bath
1402 ft²
|
-
-
|
Jennifer Blake
Luxre Realty, Inc.
|
|
03/22/2022
| |
3 Bed
|
2 Bath
|
1402 ft²
|
$430,000
3 Bed
2 Bath
1402 ft²
|
$410,000
-4.65%
04/29/2022
|
Bruce Busher
HK Lane Real Estate
|
|
04/05/2018
| |
3 Bed
|
2 Bath
|
1402 ft²
|
$211,000
3 Bed
2 Bath
1402 ft²
|
$205,000
-2.84%
07/25/2018
|
Carina Bloj
Berkshire Hathaway HomeServices California Properties
|
Building Info
About Indio
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Listed by: Bruce Busher, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075926DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219075926DA
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