$387,000
●
House -
Off Market
82608 Grant Drive
Indio, CA 92201
4 Beds
3 Baths
1,972 Ft²
$478,738
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Beautiful 4-bedroom, 3 bath home on golf course. Enter
through an inviting covered courtyard which separates the home from
the detached casita. Casita includes one bedroom, bath and
closet. Courtyard had been leveled and pavers installed.
The main home is a 3 b/r, 2 bath updated home with an open
concept and offers lovely views of the golf course and mountains.
Master bedroom en-suite is separated from other bedrooms for
privacy. Bright and spacious kitchen incorporates a large
island and morning room. Recent upgrades include high grade
laminate flooring in L/R, D/R and the 3-bedrooms, new window
coverings in many of the rooms and stone fireplace surround.
Closet World installed cabinets in master closet and garage
cabinets with work desk area. The garage has room for two
cars plus a golf cart. Indian Palms is a desirable gated
community offering 27 holes of golf, clubhouse and restaurant.
Included with this HOA is membership to the fitness center,
two community pools and front yard maintenance. This home is
perfect for entertaining and relaxation. Truly a must see.
Unit Size
1,972 Ft²
Days on Market
80 days
Land Size
0.14 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
$265
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: 2 years ago (CRMLS #219054436DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Dec 13, 2020 | Listed by HomeSmart | $385,000 | |
| Listed by HomeSmart | |||
| Sep 2, 2016 | Sold | ||
| Sold | |||
| Mar 11, 2016 | Listed by HomeSmart | $305,000 | |
| Listed by HomeSmart | |||
| | |||
|
Price REDUCED! Motivated Seller. Bring Offer!! Location & Views! Enter through private gate into a court yard and into a beautiful 3 bedroom, 2 bath home. Plus a detached Casita with full bath. This lovely open concept home offers golf course and mountain views and is perfect for entertaining. It is located on the Royal Course overlooking the 3rd hole green. A spacious kitchen hosts upgraded cabinets, granite counter tops, an eating counter bar and morning room. The Master Suite offers a spa tub and walk-in closet. It is separate from the other two bedrooms allowing for privacy. The garage has room for two cars plus a golf cart. Air conditioning was replaced 3 years ago. Indian Palms is a desirable gated community offering 27 holes of golf, clubhouse, restaurant and pools. Included in the HOA fees are a Lifestyle membership and front yard maintenance.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Indio
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Listed by: Jenifer Grimm, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219054436DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219054436DA
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