$465,000
●
House -
Off Market
82683 Sky View Lane
Indio, CA 92201
3 Beds
2 Baths
1,833 Ft²
$490,715
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Major Price Reduction!!!Great floor plan with three bedrooms, 2
bathrooms, plus a den/office inside of one of the bedrooms.
Courtyard and rear yard with your own putting green.
Inside laundry room and 2 car garage with direct access into
the house. Big, open plan with large kitchen, dining and living
room with fireplace. NEW PAINT Throughout!!! Small
courtyard and large back yard with your own private putting green!
HOA has community pools throughout, a large fitness center,
banquet room, hotel, and an 18 hole golf course (play and
play). Guard gated and this would make a great vacation
rental. Indian Palms CC is just across the street from
the Coachella and Stagecoach music festivals, Polo events, art
and dog shows! Many homeowners are able to do short
term rentals Buyer to verify with city of Indio and Indian
Palms CC HOA regarding rental rules and restrictions for this
development.
Unit Size
1,833 Ft²
Days on Market
75 days
Land Size
0.12 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
$288
Year Built
2002
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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 #219083324DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Oct 17, 2022 | In contract | - | |
| In contract | |||
| Oct 14, 2022 | Price Decreased |
$465,000
↓ $35K
(7%) | |
| Price Decreased | |||
| Aug 19, 2022 | Listed by RE/MAX Desert Properties | $499,900 | |
| Listed by RE/MAX Desert Properties | |||
| | |||
|
Major Price Reduction!!!Great floor plan with three bedrooms, 2 bathrooms, plus a den/office inside of one of the bedrooms. Courtyard and rear yard with your own putting green. Inside laundry room and 2 car garage with direct access into the house. Big, open plan with large kitchen, dining and living room with fireplace. NEW PAINT Throughout!!! Small courtyard and large back yard with your own private putting green! HOA has community pools throughout, a large fitness center, banquet room, hotel, and an 18 hole golf course (play and play). Guard gated and this would make a great vacation rental. Indian Palms CC is just across the street from the Coachella and Stagecoach music festivals, Polo events, art and dog shows! Many homeowners are able to do short term rentals Buyer to verify with city of Indio and Indian Palms CC HOA regarding rental rules and restrictions for this development. The manager has listed the unit size as 1833 square feet.
| |||
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Property Highlights
Air Conditioning
Parking Available
Garage
Fireplace
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
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Elaine Stewart, Re/Max Desert Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219083324DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219083324DA
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