$225,000
●
Condo -
Off Market
82871 Davis Drive
Indio, CA 92201
2 Beds
1 Bath
704 Ft²
$218,504
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Priced to sell! End unit with fabulous open floor plan. Desirable
guard gated golf community of Indian Palms. Remodeled to include:
granite slab countertops in the kitchen, white shaker cabinets, SS
appliances & breakfast bar. Crown molding & wide baseboards
throughout. Solatube skylights to let the natural light in. Tile
floors throughout making it easy to clean & exudes a great sense of
space. Perfect as a desert get-away, investment, or starter home!
Great location - just steps to the refreshing pool. Community
amenities include: clubhouse, public golf course, restaurant,
fitness, community pools & spas, tennis & pickle ball courts and
hotel. This is a fabulous opportunity to own at an incredible
value!!! This one will not last!
Unit Size
704 Ft²
Days on Market
15 days
Land Size
0.02 acres
Price per sqft
$307
Property Type
Condo
Property Taxes
-
HOA Dues
$259
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 #219079698DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Redfin Corporation | $216,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Parking Details
Parking Features: Unassigned
Open Parking Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Levels: One
Interior Features: Breakfast Bar, Crown Molding, Separate Formal Dining Room, All Bedrooms Down, Main Level Primary
Appliances: Dishwasher, Disposal, Gas Range, Microwave
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Doors: Sliding Doors
Exterior Details
Year Built: 1981
Parcel Number: 614263012
Home Type: Residential
Foundation Details: Slab
Roof: Tile
Window Features: Blinds
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Spa Features: Community, Heated, In Ground
Private Pool
Pool Features: Community, Electric Heat, In Ground
Lot Information: Planned Unit Development, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.02
Utilities Details
Heating Type: Central, Forced Air
Location Details
Association Amenities: Clubhouse, Fitness Center, Meeting Room, Meeting Banquet Party Room, Recreation Room, Tennis Courts
Association Fee: $259
Association Fee Frequency: Monthly
Community Features: Golf, Gated, Pool
Security Features: Gated Community, Twenty Four Hour Security
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: East on Ave 48th, south on Monroe, enter development on your left, right on Eisenhower, left on Odlum to the end of the street, left on Barrymore, right on Davis, condo will be on your right. Cross Street: Barrymore St & Davis Dr..
Other Details
Listing Terms: Cash, CashToNewLoan
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 |
|---|---|---|---|---|---|---|---|
|
06/01/2022
| |
2 Bed
|
1 Bath
|
704 ft²
|
$216,000
2 Bed
1 Bath
704 ft²
|
$225,000
+4.17%
06/16/2022
|
Marsha Kay McMahon-Jones
Redfin Corporation
|
Building Info
About Indio
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Listed by: Marsha Kay McMahon-Jones, Redfin Corporation
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079698DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079698DA
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