$335,000
↓ $25K (4%)
●
House -
Off Market
82770 Matthau Drive
Indio, CA 92201
4 Beds
3 Baths,
1
Half Bath
1,947 Ft²
$582,441
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Just Reduced! Don't miss this lovely, well maintained 3 bedroom,
w/office or 4 bedroom, 2 1/2 bath home- Shows True pride of
ownership, tastefully decorated with upgraded granite counters in
Kitchen and tile flooring. New carpet in Master Bedroom. The open
floor plan is truly inviting. This home is privately located in the
Indian Palms complex. It also features a beautiful pool and spa in
the back yard for relaxing enjoyment.
Unit Size
1,947 Ft²
Days on Market
184 days
Land Size
0.13 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
$199
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 #216008900DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Price Decreased |
$595,000
↓ $25K
(4%) | |
| Price Decreased | |||
| May 1, 2025 | Listed | $620,000 | |
| Listed | |||
| | |||
|
Ye this home is Airbnb approved!!! the association allows short term rentals!!!Stunning Home in Indian Palms Country Club-Walk to Coachella & Stagecoach!Welcome to your dream getaway in the heart of Indian Palms Country Club! Whether you're looking for a prime short-term rental investment or a beautiful full-time residence, this home checks all the boxes.Located within walking distance to Coachella Fest and Stagecoach, this property is ideal for festival-goers, snowbirds, or families looking for a comfortable and stylish home. Property features:3 spacious bedrooms plus an office2/5 bathroomsPrivate pool and spa- your own desert oasis!Freshly updated with new paint and new carpetBeautiful kitchen featuring stainless steel appliances, granite countertops, and a large island prefect for casual dining or entertaining. Gated subdivision with 24/7 securityAccess to golf course, clubhouse, bar and restaurantMultiple community pools\Peaceful, resort-style setting with lush landscaping.Whether you're looking to launch a profitable short-term rental or move into lovely home in a vibrant community, this property offers unbeatable value and an exceptional location.
| |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Feb 1, 2024 | Listed by RE/MAX Desert Properties | $680,000 | |
| Listed by RE/MAX Desert Properties | |||
| | |||
|
Wow beautiful home ready for the next family. This home is ready to be House your Airbnb or your desert retreat. Centrally located in Indian Palms country club, the location of this home allows it to be able to obtain a short term rental permit. This home is walking distance to Coachella Fest and the country club offers, golf, a gym, multiple pools, a restaurant and a gym. The house was recently remodeled, beautiful white walls, it has lots of light and has an open floor plan. Private pool and spa and a very low maintenance back yard. Don't wait this home will not last at this asking price. The manager has listed the unit size as 1947 square feet.
| |||
| May 11, 2023 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Jacqueline Cooper, Windermere Homes & Estates
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216008900DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216008900DA
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