$121,750
●
House -
Off Market
82488 Nancy Drive
Indio, CA 92201
3 Beds
2 Baths
1,271 Ft²
$204,462
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
HUD Home centrally located, next to the Indio Date Festival Fair
Grounds. Home features 3 bedrooms, 2 baths and a huge backyard.
State law requires Carbon Monoxide detectors be installed for
properties having combustible fuel heaters/furnaces, fireplaces,
hot water heaters, clothes dryers, cooking appliances, or an
attached garage, but seller (HUD) is exempt from this requirement
as a Federal Entity, Property is NOT located in a FEMA Special
Flood Hazard Area but is listed as a moderate to low flood risk.
Repair patio cover roof damage. Repairs: Install Carbon Monoxide
detectors, Install water heater security straps, Replace missing
range / stove, Replace missing Air-Conditioning Unit, Replace
missing furnace.
Unit Size
1,271 Ft²
Days on Market
45 days
Land Size
0.16 acres
Price per sqft
$87
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985
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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: 2 years ago (CRMLS #214017576DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by Excellence RE SoCal Properties | $397,000 | |
| Listed by Excellence RE SoCal Properties | |||
| | |||
|
Don't miss the opportunity to make this house your home! Great single story!! Newly remodeled kitchen and baths with white cabinets, Grey Quartz countertops and stainless steel appliances. Master bath features spacious closet space and shower with tile, Guest bath has been beautifully updated as well. Vinyl flooring throughout. Updated LED lighting throughout the kitchen area. New closet doors. Newer water heater and so much more! Located in the desirable South Indio area close to musical events grounds Home is situated on an oversized lot 7,405 sq. ft. which offers RV access space and perfect to built your own swimming pool. Living room is open and spacious French door leads back to the back covered patio area perfect for family gatherings; featuring vaulted ceilings! Imperial Irrigation district equals low utility cost! Perfect year round or Desert Getaway home! Your new home awaits you! Give us a call TODAY to schedule a private showing of this home. Great Location. No HOA, Low Tax Area.
| |||
| Jun 19, 2014 | Sold | ||
| Sold | |||
| May 5, 2014 | Listed by Keller Williams Realty | $110,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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Sold On
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HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sylvia Gaffney, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214017576DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214017576DA
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