$82,000
●
Condo -
Off Market
82836 Davis Drive
Indio, CA 92201
2 Beds
1 Bath
704 Ft²
$143,337
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
Investment Condo at Indian Palms CC, Indio, CA. This is one of
multiple units offered by the same sellers. A package deal is very
possible, and Seller can carry! 2 bedrooms/1 bathroom, near the
Pool and tennis court. Surrounded by grassy common areas, the back
porch looks at the Community Pool. Year round leases or Coachella
Music Festival short term leases are popular with these condos.
Tenant occupied, call list agent for your appt.
Unit Size
704 Ft²
Days on Market
259 days
Land Size
0.02 acres
Price per sqft
$121
Property Type
Condo
Property Taxes
-
HOA Dues
$198
Year Built
1981
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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 #216003649DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2016 | Sold | ||
| Sold | |||
| Jan 27, 2016 | Listed by HK Lane Real Estate | $85,000 | |
| Listed by HK Lane Real Estate | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Parking Features: Assigned
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Levels: One
Appliances: Water Heater
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
Exterior Details
Year Built: 1981
Parcel Number: 614262025
Home Type: Residential
Other Structures: Guest House Attached
Roof: Concrete, Tile
Window Features: Blinds
Outdoor Living Structures: Concrete
Spa Features: Community, In Ground
Private Pool
Pool Features: In Ground, Lap
Lot Information: Corner Lot
Lot Size Source: Assessor
Lot Size Acres: 0.02
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Amenities: Controlled Access, Fitness Center, Golf Course, Maintenance Grounds, Security, Tennis Courts, Trash
Association Fee: $168
Association Fee Frequency: Monthly
Association Fee2: $30
Association Fee2 Frequency: Monthly
Community Features: Golf, Gated
Security Features: Gated Community
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: Monroe S. to Indian Palms CC gate. Disney to Gable to Barrymore to Davis. On right. Cross Street: Monroe.
Other Details
Listing Terms: Cash, CashToNewLoan, OwnerWillCarry
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/23/2022
| |
2 Bed
|
1 Bath
|
704 ft²
|
$240,000
2 Bed
1 Bath
704 ft²
|
-
-
|
Ron C Saporito
Ronald Christopher & Assoc.
|
|
01/27/2016
| |
2 Bed
|
1 Bath
|
704 ft²
|
$85,000
2 Bed
1 Bath
704 ft²
|
$82,000
-3.53%
10/12/2016
|
Kim Kelly
Desert Sands Realty
|
|
02/08/2013
| |
2 Bed
|
1 Bath
|
704 ft²
|
$66,000
2 Bed
1 Bath
704 ft²
|
$68,000
+3.03%
02/27/2013
|
Mike Lewis
Desert Cities Real Estate
|
Building Info
About Indio
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Listed by: Kim Kelly, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216003649DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 216003649DA
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