82903 Larsen Drive
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by Equity Union | $590,000 | |
| Listed by Equity Union | |||
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Welcome to your oasis in the heart of Indio. This stunning 4-bedroom home blends modern comfort with the natural beauty of the desert landscape. Step inside, and you'll be captivated by the spaciousness and warmth of the interior. The open-concept layout seamlessly connects the living, dining, and kitchen areas, making it perfect for entertaining guests or spending quality time with family. Large windows throughout the home flood the space with natural light. The kitchen is a chef's dream, featuring modern appliances, sleek countertops, and ample storage space. Retreat to the luxurious primary suite, where tranquility awaits. This sanctuary boasts a generously sized bedroom, and an en-suite bathroom complete with dual vanities, a soaking tub, and separate shower. Three additional bedrooms provide plenty of space for family, guests, or a home office. The homeowner has put in 20K to spruce up the backyard that offers endless possibilities for outdoor entertaining, gardening, or simply unwinding. Ridiculously low HOA fees of only $80 per month.
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| Nov 25, 2014 | Sold | ||
| Sold | |||
| Oct 6, 2014 | Listed by David Lopez, Broker | $317,219 | |
| Listed by David Lopez, Broker | |||
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About Indio
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017