$720,000
●
House -
Off Market
82848 Odlum Drive
Indio, CA 92201
3 Beds
3 Baths
2,026 Ft²
$744,805
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
This newer south-facing home in Indian Palms Country Club has three
bedrooms and three full bathrooms. The open concept along with 9
foot ceilings enhances the light and airy feel. The chef's kitchen
has an enormous island and all the counters are adorned in slab
granite. There's also white cabinetry, stainless steel appliances,
and a walk-in pantry with a frosted glass door. Most of the living
area has 18 inch designer tile underfoot, and there's also a high
tech fireplace in the great room. You can frolic in your sleekly
designed pool with raised spa and dine Al Fresco under the covered
patio. The attached garage will accommodate two full-size vehicles
and there's a golf cart garage. Low HOA fee which includes a
fitness center, 3 pool/spa areas, sport and tennis courts, along
with a boutique hotel for your guests. Indian Palms offers 27 holes
of golf with very reasonable memberships or you can pay as you
play. Ideally located walking/biking distance to the Polo grounds,
and the world famous Coachella and Stagecoach festivals! AND
Goldenvoice just anounced the second running of Old Chella later in
the year! Best of all, this home is available for all of those
short term rentals!
Unit Size
2,026 Ft²
Days on Market
100 days
Land Size
0.20 acres
Price per sqft
$370
Property Type
House
Property Taxes
-
HOA Dues
$309
Year Built
2020
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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 #219094278DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | Listed by Berkshire Hathaway HomeServices California Properties | $749,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Dec 3, 2020 | Sold | ||
| Sold | |||
| Sep 29, 2020 | Listed by Gallery Marketing Group, Inc. | $389,900 | |
| Listed by Gallery Marketing Group, Inc. | |||
| | |||
|
Introducing our Gallery Links III new homes in the historic Indian Palms Country Club. This home sits on the golf course with South views (Lot 121) on the golf course. A classic floorplan with 3 bedrooms and 3 full bathrooms. 9 ft ceilings with 8ft interior doors. Gallery's standard features are other builder's options so these home come ready for move in. Detailed throughout with an Island style kitchen with granite counters and pendant lighting. Large panty with frosted glass door. Open living area with fireplace. Nice separation of bedrooms, each guest bedroom with a full bathroom. Homes come with a choice of 18'' tile flooring in 4 colors and carpet or you can upgrade at our Design Center. All homes have 2 car garage +golf cart garage. Ample size lots with plenty of room for a pool. The Phase 1 homes will be completed mid November. Low HOA which includes fitness center, 3 pool/spa areas, sport and tennis courts along with a boutique hotel for you guests.Indian Palms offers 27 holes of golf with very reasonable memberships or ''pay as you play''. Ideally located within minutes of the Polo grounds, the world famous Coachella and Stagecoach festivals, shopping and dining. Welcome to the neighborhood!
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Property Highlights
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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: Lawrence Malestic, Berkshire Hathaway HomeServices California Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219094278DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219094278DA
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