$1,430,000
●
House -
Off Market
83241 N Shore Drive
Indio, CA 92203
5 Beds
3 Baths,
1
Half Bath
4,335 Ft²
$2,341,662
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Welcome to ShadowLake Estates, the deserts only private residential
water recreation lake & community only 20 min from Palm Springs!
This Lakefront, Old World designed home sits on almost 3/4 Acre
with 150 ft. of Beachfront! Designed for a fun, casual lifestyle
this home offers: a great room, a wonderful kitchen, 4 bedrooms and
a loft that is being used as an office. There is also a 5-car
garage, providing plenty of room for cars and toys! The outdoor
area includes: covered patio area with a private spa, a fireplace,
built-in BBQ, & TV ~ all looking south across the lake! One of the
guest suites offers a large view deck and a private entry.
ShadowLake is a state-of-the-art 46-acre lake offering water
skiing, boating, sailing and fishing. Each home comes complete with
a large, luxury boat dock with a cover, an electric boat lift, and
your own private sandy beach.
Unit Size
4,335 Ft²
Days on Market
32 days
Land Size
0.69 acres
Price per sqft
$369
Property Type
House
Property Taxes
-
HOA Dues
$865
Year Built
2007
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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: 4 months ago (CRMLS #219032519DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | Listed by Coldwell Banker Realty | $3,800,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
| Nov 29, 2019 | No longer available | - | |
| No longer available | |||
| Nov 26, 2019 | Sold | ||
| Sold | |||
| Oct 28, 2019 | Listed | $1,599,750 | |
| Listed | |||
| | |||
|
Welcome to ShadowLake Estates, the deserts only private residential water recreation lake & community only 20 min from Palm Springs! This Lakefront, Old World designed home sits on almost 3/4 Acre with 150 ft. of Beachfront! Designed for a fun, casual lifestyle this home offers: a great room, a wonderful kitchen, 4 bedrooms and a loft that is being used as an office. There is also a 5-car garage, providing plenty of room for cars and toys! The outdoor area includes: covered patio area with a private spa, a fireplace, built-in BBQ, & TV ~ all looking south across the lake! One of the guest suites offers a large view deck and a private entry. ShadowLake is a state-of-the-art 46-acre lake offering water skiing, boating, sailing and fishing. Each home comes complete with a large, luxury boat dock with a cover, an electric boat lift, and your own private sandy beach. The manager has listed the unit size as 4335 square feet.
| |||
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Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Indio
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Listed by: Jenell VanDenBos, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219032519DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219032519DA
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