$485,000
●
House -
Off Market
82809 Larsen Drive
Indio, CA 92203
3 Beds
2 Baths
2,426 Ft²
$521,388
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model
About This Property
UNIQUE home in the desirable Desert Trace community. You'll
have to SEE this home in person to see the possibilities! Two
bedrooms and an office/den is the main house, and then the third
room is detached from the house with it's own entrance and separate
central A/C unit. It's perfect for your personal gym, art
studio, office, etc. - the possibilities are ENDLESS! There
is not another home like this in this community! Desert Trace
boasts the LOWEST HOA fees in North Indio at only $75 a month!
This home features two A/C units plus a third for the
separate bedroom, a fireplace, oversized island and open floor plan
that is perfect for entertaining! Brand new carpets
throughout. New toilets in the restrooms and plantation
shutters in the living room! The covered patio is tiled and
includes new ceiling fans. The backyard is an open canvas for
you to create your outdoor oasis! This home is VALUE priced and
ready to go! You're going to want to come see it!
Unit Size
2,426 Ft²
Days on Market
147 days
Land Size
0.19 acres
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
$75
Year Built
2005
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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 #219084224DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2023 | No longer available | - | |
| No longer available | |||
| Feb 2, 2023 | Sold | ||
| Sold | |||
| Jan 4, 2023 | In contract | - | |
| In contract | |||
| Nov 4, 2022 | Price Decreased |
$499,000
↓ $31K
(5.8%) | |
| Price Decreased | |||
| Oct 18, 2022 | Price Decreased |
$529,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
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
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Listed by: James Suer, Keller Williams Luxury Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219084224DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219084224DA
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