$233,000
●
House -
Off Market
82731 Scenic Drive
Indio, CA 92201
3 Beds
2 Baths
1,618 Ft²
$396,737
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
SOLAR Energy! Savvy Sellers purchased their Dream Home in August,
added Solar, began landscaping, then got a job transfer out of
state! Let their loss be your gain! Fantastic kitchen, large
island, upgraded appliances, open to the great room. Large master
suite, sliders out to the patio. All hard surface floors.
Membership to the gym, pools and tennis included in your low
association dues!
Unit Size
1,618 Ft²
Days on Market
205 days
Land Size
0.11 acres
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
$217
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: 3 years ago (CRMLS #216005428DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2023 | No longer available | - | |
| No longer available | |||
| Dec 24, 2023 | In contract | - | |
| In contract | |||
| Nov 19, 2023 | Price Decreased |
$439,000
↓ $36K
(7.6%) | |
| Price Decreased | |||
| Oct 5, 2023 | Listed by The Locklear Group | $475,000 | |
| Listed by The Locklear Group | |||
| | |||
|
Spacious 3 bedroom 2 bath Solar home featuring neutral tile in the common areas and wood laminate in the bedrooms. Large primary bedroom with slider to the back patio, double vanity separate shower/tub and a sizable walk in closet. The second and third bedrooms are light and bright and share the hall guest bathroom. Kitchen offers plenty of cupboard and counter space with massive a granite island & dark cabinets with access to covered patio making it great for indoor/outdoor entertaining. Enjoy the beautiful mountain views while enjoying your morning coffee from the back patio. Located just minutes away from shopping, dining, golf, polo, hockey & schools along with easy access to the world-renowned BNP tennis tournament at the Indian Wells tennis garden and the Empire Polo Club (home of the famous Coachella & Stagecoach Festivals) This location is perfect for a primary, secondary or an investment rental (airbnb).
Seller may consider a 2-1 buy down credit to buyer. The manager has listed the unit size as 1618 square feet.
| |||
| Sep 8, 2016 | 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
Comparables
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About Indio
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Listed by: Judy Woodard, RE/MAX Consultants
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216005428DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216005428DA
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