$375,000
●
Condo -
Off Market
82376 Lancaster Way
Indio, CA 92201
2 Beds
2 Baths
1,324 Ft²
$2,187
Est. Monthly
$345
HOA / Fees
7.52%
Cap Rate
About This Property
Two bedroom 2 bath condo on the golfcourse is ready for immediate
move in. Condo boasts all tile floors except for the
bedrooms, great room concept, vaulted ceilings. Kitchen has all
granite counters, pantry cupboards with pull outs. Bedrooms
are nicely separated, master suite has an oversized closet and dual
vanities in the bathroom. Washer and dryer are
included.Extended patio has wonderful views of the golf course and
Chocolate Mountains for you to enjoy.This condo association is a
member of the Indian Palms Lifestyle center which entitles you to
many fitness classes, tennis, pickleball, bocce ball and the gym.A
very affordable way to enjoy country club living.
Unit Size
1,324 Ft²
Days on Market
35 days
Land Size
0.03 acres
Price per sqft
$283
Property Type
Condo
Property Taxes
-
HOA Dues
$345
Year Built
2005
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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 #219107154DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Feb 19, 2024 | Listed by HomeSmart | $375,000 | |
| Listed by HomeSmart | |||
Property Highlights
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Cathedral Ceilings, Open Floorplan, Main Level Primary, Walk In Closets
Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water To Refrigerator
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Laundry Closet
Exterior Details
Year Built: 2005
Parcel Number: 614323029
Home Type: Residential
Roof: CommonRoof, Tile
Window Features: Blinds
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Spa Features: Community, In Ground
Private Pool
Pool Features: Community, In Ground
Lot Information: Planned Unit Development, Sprinklers Timer
Lot Size Source: Assessor
Lot Size Acres: 0.0282
Utilities Details
Heating Type: Forced Air, Natural Gas
Location Details
Association Amenities: Bocce Court, Fitness Center, Maintenance Grounds, Other Courts, Tennis Courts
Association Fee: $299
Association Fee Frequency: Monthly
Association Fee2: $46
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: Enter Indian Palms at the Monroe Gate, Rt on Eisenhower Left on Odlum Rt on Taylor, Left on Lancaster Cross Street: Biery.
Other Details
Listing Terms: Cash, Conventional, Exchange1031
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 |
|---|---|---|---|---|---|---|---|
|
02/19/2024
| |
2 Bed
|
2 Bath
|
1324 ft²
|
$375,000
2 Bed
2 Bath
1324 ft²
|
$375,000
03/25/2024
|
Diana Pazos
HomeSmart
|
Building Info
About Indio
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Listed by: Diana Pazos, HomeSmart
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107154DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107154DA
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