$330,000
●
Condo -
Off Market
82297 Cochran Drive
Indio, CA 92201
2 Beds
2 Baths
982 Ft²
$340,157
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
A private courtyard entry welcomes you to this darling updated,
TURNKEY FURNISHED, light and bright 2 bedroom & 2 bath condo. Vinyl
wood plank flooring throughout, new laminate kitchen cabinets and
quartz counters.Living room has small drybar, and high ceilings.
Access the south faced private patio, from the living room as
well as one of the bedrooms. For parking, there is a single car
garage and a covered carport. This condo is located near many of
the community pools, the Clubhouse and Lifestyle Center. Nearby are
the Indio Polo grounds and Music Festivals, home to world class
Polo, and the Coachella, Stagecoach, Art and other festivals. The
centerpiece of Indian Palms is the 27-hole championship golf
course, which has recently undergone a three phase revitalization
process designed to modernize the facility while preserving the
historic integrity of the Indian Palms' three nine hole courses -
the Mountain, Royal and Indian Nines.
Unit Size
982 Ft²
Days on Market
44 days
Land Size
0.06 acres
Price per sqft
$335
Property Type
Condo
Property Taxes
-
HOA Dues
$315
Year Built
1981
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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 #219081744DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by Keller Williams Realty | $329,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Parking Details
Has Garage
Parking Features: Attached Carport, Garage, Garage Door Opener
Garage Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Breakfast Bar, Separate Formal Dining Room, All Bedrooms Down, Bedroom On Main Level
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Laminate
Living Area Square Feet Source: Other
Laundry Features: Laundry Closet
Exterior Details
Property Condition: Updated Remodeled
Year Built: 1981
Parcel Number: 614310040
Home Type: Residential
Architectural Style: Contemporary
Foundation Details: Slab
Roof: Tile
Window Features: Blinds
Construction Materials: Stucco
Outdoor Living Structures: See Remarks
Spa Features: Community, In Ground
Private Pool
Pool Features: Community, Gunite
Lot Information: Planned Unit Development, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.0569
Utilities Details
Heating Type: Forced Air, Natural Gas
Utilities: Cable Available
Location Details
Association Amenities: Clubhouse, Fitness Center, Golf Course, Tennis Courts
Association Fee: $285
Association Fee Frequency: Monthly
Association Fee2: $30
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: Enter guard gate on Monroe. Right on Eisenhower to Cochran. Property is just to the left. Cross Street: Eisenhower.
Other Details
Listing Terms: Cash, 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 |
|---|---|---|---|---|---|---|---|
|
03/27/2022
| |
2 Bed
|
2 Bath
|
982 ft²
|
$350,000
2 Bed
2 Bath
982 ft²
|
-
-
|
Mallen Marshall, Ozur Group
Keller Williams Realty
|
Building Info
About Indio
Similar Homes for Sale
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Listed by: The Mallen Marshall Team, Keller Williams Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219081744DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219081744DA
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