$652,000
●
House -
Off Market
82868 Burnette Drive
Indio, CA 92201
3 Beds
3 Baths,
1
Half Bath
2,051 Ft²
$3,749
Est. Monthly
$316
HOA / Fees
5.47%
Cap Rate
About This Property
Behind the gates of Indian Palms Country Club & Resort, awaits a
Spectacular Golf Course Haven. Experience the Desert Resort
Lifestyle in this Extraordinary, Turnkey furnished, Private Pool
home. Large corner lot on the Golf Course, features 2051 sq.ft. of
open-concept living space, 3 bed/ 3 bath & boasts a Stunning
Private backyard. A Resort Oasis & perfect backdrop for a sublime
desert experience. Entertainer's delight: showcasing a sparkling
saltwater pebble tech pool, 8 person spa, raised tanning area,
outdoor fire pits, covered patio & mountain views.Spacious kitchen
featuring large island w/ granite counters, abundant cabinet space,
opens to a cozy family room w/ fireplace. Luxurious primary retreat
w/ensuite bath w/dual vanities, jetted tub, granite counters,
separate shower & walk-in closet.Two gracious guest
bedrooms.Interior laundry room. 2 car garage w/ separate Golf Cart
Garage, Indian Palm CC is STVR approved & offers Resort-style
amenities: 27-hole Championship Golf Course, Practice range,
Tennis/Pickle Ball courts, Bocce ball, Fitness center & Community
Pools/Spas.Location is Everything: minutes away from Empire Polo
Grounds, Coachella & Stagecoach music festivals & easy access to
i10. Whether looking for a STVR,Vacation home or Full-time
residence, this home has it all. Active Successful STVR / immediate
investor opportunity. Low HOA dues include yard landscape
maintenance, putting greens, lighted tennis/pickle ball courts,
fitness center & community po
Unit Size
2,051 Ft²
Days on Market
75 days
Land Size
0.17 acres
Price per sqft
$341
Property Type
House
Property Taxes
-
HOA Dues
$316
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 #219107469DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Feb 25, 2024 | Listed by Anselmo Real Estate | $699,000 | |
| Listed by Anselmo Real Estate | |||
| Jun 7, 2019 | No longer available | - | |
| No longer available | |||
| Apr 6, 2019 | Listed | $408,000 | |
| Listed | |||
| | |||
|
Fabulous Private Pool Home located on a large corner lot in the desired Indian Palms Country Club. This immaculate turnkey furnished property features 3 bedrooms, 3 bathrooms, two car garage & a golf cart garage. The bright kitchen has a large island with granite counter tops, abundant cabinet space & conveniently opens up to the family room with fireplace. Enjoy a spacious master suite with large walk in closet and master bath with dual sinks, jetted tub, granite counter tops and tall shower stall. Amazing private backyard with its'own salt water pebble tec pool, 8 person spa & elevated tanning area. Low HOA dues include full yard landscaping maintenance, putting greens, lighted tennis & pickle ball courts, & lifestyle fitness center plus community pools and spas. HOA allows short term rentals thus great for second home, vacation rental or primary home. Indian Palms has 27 hole Champion Golf Course & Clubhouse. Directly across the street from Coachella Music Festival and Stagecoach. The manager has listed the unit size as 2051 square feet.
| |||
Property Highlights
Air Conditioning
Parking Available
Garage
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
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Baths
ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Michelle Anselmo, Anselmo Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107469DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219107469DA
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