$257,000
●
House -
Off Market
82540 Lincoln Drive
Indio, CA 92201
3 Beds
3 Baths
1,703 Ft²
$450,801
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model
About This Property
Our savvy Sellers have transformed this once-shabby bank-owned
property into an idyllic desert home! This remodeled property has
everything necessary to make it a fabulous full-time or vacation
residence, boasting such features as: a large center island;
fabulous over-sized yard and gardens, perfect for entertaining your
friends, or just hanging out and enjoying the gorgeous mountain
views; low-maintenance desert landscaping; and stylish yet comfy
interior decor. This beauty has many extra touches as well, such as
door casings that make the high ceilings look even higher, lovely
window coverings, glass-inset front doors, tile and lush carpet,
designer paint colors, and so much more! This is one property that
should make your short list. Please call for an appointment to view
this wonderful home in person!
Unit Size
1,703 Ft²
Days on Market
74 days
Land Size
0.17 acres
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
$163
Year Built
2003
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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 #216001681DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2016 | Sold | ||
| Sold | |||
| Jan 14, 2016 | Listed by RE/MAX Consultants | $259,000 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
Air Conditioning
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Indio
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Listed by: Judy Woodard, RE/MAX Consultants
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216001681DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216001681DA
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