$319,000
●
House -
Off Market
82723 Matthau Drive
Indio, CA 92201
3 Beds
2 Baths,
1
Half Bath
1,947 Ft²
$459,320
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Wonderful 3 bedroom 2 and 1/2 bath plus large den home on a pool
size southern exposure lot is awaiting its new owner. This
corner lot home is perfect for entertaining. Spacious great
room with a full sized dining area, gourmet kitchen that boasts
newer upgraded appliances, tons of cabinet and counter space and a
large center island. The outdoor space is very private,
includes an aluma wood covered patio, low maintenance landscaping
and plenty of room to put a pool. Spacious master bedroom has
a slider to the patio, a spa like bathroom with a soaking tub,
separate shower and dual vanities. The guest wing includes
two bedrooms with a Jack and Jill bath. Powder room for your
occasional guests, The oversized den could have multiple
uses, an extra guest room, office, media room or craft room.
A separate laundry room and two car garage completes this
fantastic home.
Unit Size
1,947 Ft²
Days on Market
80 days
Land Size
0.14 acres
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
$239
Year Built
2004
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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: 4 months ago (CRMLS #219040023DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 15, 2021 | In contract | - | |
| In contract | |||
| Dec 5, 2021 | No longer available | - | |
| No longer available | |||
| Dec 2, 2021 | Listed by The Locklear Group | $499,000 | |
| Listed by The Locklear Group | |||
| | |||
|
Beautiful 3 bedroom 2 and 1/2 bath plus large den home with a southern backyard. Spacious great room with a formal full sized dining area, gourmet kitchen with newer upgraded appliances, generous counter space, cabinets, a large center island and slider door access to the backyard.The outdoor patio is private with a covered patio, low maintenance landscaping and room to add a pool. Master bedroom is spacious with access to patio, a generous sized bathroom with a soaking tub, separate shower and two vanities.The guest bedrooms are located on opposite side of home and share a Jack and Jill bathroom. Powder room for your occasional guests, The generous size den is currently being used as a craft room but could easily be used as an office or guest bedroom. Separated Laundry room has access to two car attached garage. Indian Palms has many amenities including Golf,Tennis, Fitness Club,Restaurant Hotel ,Club House Swimming and Walking Trails. Basic cable and Gardner included. The manager has listed the unit size as 1947 square feet.
| |||
| May 22, 2020 | Sold | ||
| Sold | |||
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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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Status
Status
Type
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ft²
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HOA + Taxes
About Indio
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Listed by: Diana Pazos, RE/MAX Consultants
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219040023DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219040023DA
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