$115,500
●
House -
Off Market
82238 Odlum Drive
Indio, CA 92201
2 Beds
2 Baths
1,156 Ft²
$207,125
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
This condo was lovingly remodeled about 5 years ago, and has not
been well-kempt over the last few years by its tenants. The once
lush landscaping is overgrown, the custom front gate is partially
covered, and the beautiful pavers and tile (installed to make the
backyard a true oasis once upon a time) have been abused by the
dogs that live there. Inside, the saltillo tile floors throughout
are just begging for a deep scrub, the walls are screaming for
paint, and the toilets should probably just be replaced rather than
trying to clean them. While this unit is priced below market to
reflect its condition, with a bit of elbow grease, paint and garden
clean-up, it can certainly be transformed into the beauty it once
was!
Unit Size
1,156 Ft²
Days on Market
101 days
Land Size
0.06 acres
Price per sqft
$103
Property Type
House
Property Taxes
-
HOA Dues
$385
Year Built
1974
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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 #215035832DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2019 | No longer available | - | |
| No longer available | |||
| Jun 13, 2019 | Price Decreased |
$185,900
↓ $8K
(4.1%) | |
| Price Decreased | |||
| May 10, 2019 | Price Decreased |
$193,900
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Mar 18, 2019 | Listed | $194,900 | |
| Listed | |||
| | |||
|
Great updated spacious open floor plan inside Indian Palms community. Great new counter tops in kitchen and bathrooms, news faucets, news sinks, nice saltillo floors, beautiful front hand back private patios, great location, works very good for rental. must see it !!! The manager has listed the unit size as 1156 square feet.
| |||
| Mar 4, 2016 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Judy Woodard, RE/MAX Consultants
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215035832DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 215035832DA
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