$400,000
●
House -
Off Market
83304 Shadow Hills Way
Indio, CA 92203
3 Beds
2 Baths
1,719 Ft²
$505,827
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Located in North Indio's Shadow Hills Development, minutes away
from shopping and dining, this remodeled home has it all. The home
features custom finishes, including updated wood-like ceramic tile
throughout, modern lighting fixtures, stacked stone gas fireplace,
surround sound, tankless water heater, RV parking, granite kitchen
countertops, and much more. The home entrance features a large,
open dining room, perfect for entertaining. The kitchen's upgraded
counters tops, breakfast island, stainless steel appliances, and
kitchen sink water heater create an ambiance that cooks,
entertainers and families will love. The master bedroom provides
backyard access to the large pool/spa and boasts a dual sink vanity
with granite countertop, oversized shower, and large walk-in
closet. A dedicated laundry room located inside the home is
equipped with shelving and storage space. The low maintenance
backyard features artificial turf, drought-resistant landscaping,
and a beautiful private pool and spa. This is a great family home
in a great community, perfect for the first time home buyer or
investor. Come see it today.
Unit Size
1,719 Ft²
Days on Market
58 days
Land Size
0.20 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
$92
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 #219052489PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2020 | Listed by HK Lane Real Estate | $385,000 | |
| Listed by HK Lane Real Estate | |||
| Sep 11, 2015 | Sold | ||
| Sold | |||
| Aug 5, 2015 | Listed by Realty Executives Desert Lifestyles | $265,000 | |
| Listed by Realty Executives Desert Lifestyles | |||
| | |||
|
Great family home in a great community. This home is ready for the family to jump into the sparkling pool and cool off. Formal living room and dining room. The kitchen has granite counters with granite backsplash upgrade and stainless steel appliances opening into the family room. Large master bedroom with walk in closet. Community has great park and picnic areas.
| |||
| Apr 12, 2013 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Indio
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Listed by: Billy Meraz, HK Lane Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052489PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052489PS
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