$245,000
●
Condo -
Off Market
82908 Davis Drive
Indio, CA 92201
2 Beds
1 Bath
704 Ft²
$1,583
Est. Monthly
$380
HOA / Fees
11.61%
Cap Rate
About This Property
Upgrades Galore! This 2-Bedroom / 1-Bath Condo Located inside the
golf community of Indian Palm Country Club! This beautifully
remodeled end-unit condo features tiled floors, elegant granite
countertops, full size washer / dryer hookups in the unit, a
stunning stacked stone mantel, and clever hidden TV outlets to keep
wires concealed behind the TV. Enjoy the convenience of newer
stainless steel appliances and modern tiled flooring throughout.
Step outside to a welcoming flower bed right at your doorstep and
relax with views of the nearby park, basketball court, and
community pool. With extra guest parking just steps away,
this gated community offers the perfect blend of privacy and
accessibility. Ideal for those attending Coachella Festival events,
as it's within walking distance to the festival grounds, as well as
local dining and hotels. Don't miss this move-in ready home with
fantastic upgrades and prime location - it's a must-see to truly
appreciate! No land lease / Fee simple estate (financing
available).
Unit Size
704 Ft²
Days on Market
83 days
Land Size
0.02 acres
Price per sqft
$348
Property Type
Condo
Property Taxes
-
HOA Dues
$380
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: 2 years ago (CRMLS #219123306DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | Listed by HomeSmart | $245,000 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Unassigned
Open Parking Spaces: 3
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Levels: One
Flooring Type: Tile
Living Area Square Feet Source: Assessor
Exterior Details
Year Built: 1981
Parcel Number: 614264009
Home Type: Residential
Spa Features: Community, Gunite
Private Pool
Pool Features: Community, Gunite
Lot Size Source: Assessor
Lot Size Acres: 0.0156
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Location Details
Association Amenities: Controlled Access, Sport Court, Fitness Center, Golf Course, Lake Or Pond, Tennis Courts
Association Fee: $380
Association Fee Frequency: Monthly
Community Features: Gated, Pool
Security Features: Gated Community
Subdivision: Indian Palms (31432)
Subdivision Name: Indian Palms (31432)
Directions: GPS Cross Street: Monroe and Ave 48.
Other Details
Listing Terms: Conventional, Submit
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 |
|---|---|---|---|---|---|---|---|
|
01/21/2025
| |
2 Bed
|
1 Bath
|
704 ft²
|
$245,000
2 Bed
1 Bath
704 ft²
|
$245,000
04/14/2025
|
Michael Valerio
HomeSmart
|
Building Info
About Indio
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Listed by: Michael Valerio, HomeSmart
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219123306DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219123306DA
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