$460,000
●
House -
Off Market
82722 Matthau Drive
Indio, CA 92201
3 Beds
2 Baths
1,618 Ft²
$2,596
Est. Monthly
$264
HOA / Fees
14.17%
Cap Rate
About This Property
Motivated Seller! Move-in ready with tile and brand new carpet in
the 3 bedrooms & freshly painted with great room in Indian Palms
Country Club on corner lot. Cook's Kitchen with granite counters,
island, and extended backsplash open to the spacious great room
with fireplace. Large primary bedroom with walk-in closet. Primary
bath has brand new toilet, dual sink vanity and separate tub
and shower. Covered patio with easy care private backyard
landscaping. Lifestyle Fitness Center with Olympic-size pool. Enjoy
all the amenities of Indian Palms Country Club - 27-hole golf,
tennis, pickle ball & more! 10-minutes to Old Town La Quinta. Short
term rentals allowed.
Unit Size
1,618 Ft²
Days on Market
109 days
Land Size
0.15 acres
Price per sqft
$294
Property Type
House
Property Taxes
-
HOA Dues
$264
Year Built
2004
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Cap Rate Calculator
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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 #219117373DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 17, 2024 | Price Decreased |
$474,900
↓ $23K
(4.6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $498,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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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
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: Debra Kamino, Debra Kamino & Associates
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219117373DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219117373DA
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