$535,000
●
House -
Off Market
82731 Ferro Lane
Indio, CA 92201
3 Beds
2 Baths
1,795 Ft²
$2,750
Est. Monthly
$152
HOA / Fees
7.59%
Cap Rate
About This Property
MOTIVATED SELLER ALERT: Barcelona, a Beazer home development in
Indio, offers a premium living experience with its gated community
and prime location. Just a short distance from old town Indio and
old town La Quinta, this property is also within walking distance
of the empire polo fields, home to renowned events like Coachella
and Stagecoach. Built in 2019, this modern luxury home, features
two bedrooms, a den, two baths, and 1795 sq. ft. of living space
and a prime lot, ready for a pool. making it the perfect investment
for a first time buyer or someone seeking a seasonal desert
retreat.
Unit Size
1,795 Ft²
Days on Market
72 days
Land Size
0.19 acres
Price per sqft
$295
Property Type
House
Property Taxes
-
HOA Dues
$152
Year Built
2019
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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 #219112085DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | Listed by Keller Williams Realty | $529,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
MOTIVATED SELLER ALERT: Barcelona, a Beazer home development in Indio, offers a premium living experience with its gated community and prime location. Just a short distance from old town Indio and old town La Quinta, this property is also within walking distance of the empire polo fields, home to renowned events like Coachella and Stagecoach. Built in 2019, this modern luxury home, features two bedrooms, a den, two baths, and 1795 sq. ft. of living space and a prime lot, ready for a pool. making it the perfect investment for a first time buyer or someone seeking a seasonal desert retreat.
| |||
Property Highlights
Garage
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Maritza Garcia, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219112085DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219112085DA
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