82297 Miles Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2026 | Sold | ||
| Sold | |||
| Jan 11, 2026 | In contract | - | |
| In contract | |||
| Dec 9, 2025 | Listed by eXp Realty Of Southern California Inc | $430,000 | |
| Listed by eXp Realty Of Southern California Inc | |||
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Welcome to this inviting 3-bedroom, 2-bath corner home located in the heart of Central Indio. Set on a spacious lot, the property offers abundant room for play, entertaining, and endless potential for future upgrades. The comfortable floor plan makes it ideal as a full-time residence, while its prime location positions it as a smart investment opportunity.Indio is known as the desert's hub for world-famous festivals, concerts, and year-round activities, making this home a perfect candidate for short-term rental income. With its oversized lot and corner setting, the property is ready for customization--whether you envision a pool, outdoor entertainment space, or a private oasis for guests.This home combines lifestyle appeal with investment potential, offering flexibility for both personal enjoyment and income generation in one of the desert's most vibrant communities.
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| May 31, 2023 | No longer available | - | |
| No longer available | |||
| Apr 20, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017