$269,000
●
House -
Off Market
82735 Matthau Drive
Indio, CA 92201
3 Beds
2 Baths
1,521 Ft²
$407,004
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
An Incredible Find in Indian Palms. This 3 B/R, 2BA, open floor
plan home has magnificent mountain and lake views. Situated on a
greenbelt, with a backyard southern exposure is perfect for
entertaining or enjoying a peaceful desert evening. Upon entering
you will see the dining, living and kitchen areas have views of and
open up to the backyard. The kitchen has a large island with
granite counter tops. This home is ideal for a full time or part
time resident. Indian Palms offers a 27-hole golf course, tennis,
pickle ball and bocce ball. It is also near the Polo fields, home
of the Coachella and Stagecoach festivals.
Unit Size
1,521 Ft²
Days on Market
39 days
Land Size
0.11 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
$214
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: 2 years ago (CRMLS #218017528DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2022 | Sold | ||
| Sold | |||
| Jul 24, 2022 | Listed by HomeSmart | $559,000 | |
| Listed by HomeSmart | |||
| | |||
|
Indian Palms Gem! This 3 bedroom 2 bathroom home has been a successful airbnb (Villa Senor) and is offered tastefully furnished. The home has been upgraded and well maintained. Spectacular backyard view overlooking a stunning man made pond/water feature. This home has it all...pool/spas throughout community, restaurant, club house, golf course and short term rental approved. Set up your showing appointment today!
| |||
| Jul 25, 2018 | Sold | ||
| Sold | |||
| Jun 15, 2018 | Listed by HomeSmart | $269,000 | |
| Listed by HomeSmart | |||
| Feb 28, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
HOA + Taxes
About Indio
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Listed by: Cindy Barker, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218017528DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218017528DA
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