$362,000
●
House -
Off Market
83313 Lone Star Road
Indio, CA 92203
4 Beds
3 Baths
2,998 Ft²
$592,811
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Fantastic property in pristine condition and pride of ownership.
This beautiful home sits on a desirable south-facing backyard and
is in move in ready condition. An amazing home with 4 bedrooms, 3
bathrooms, 2,968 SF home which includes 225 SF open room and can be
used as an additional TV room that accommodates guests staying in
the two adjacent bedrooms and acts as a separate teen, game, office
and exercise room. The home has been updated with lots of upgrades
including solar system, 18 x 18 tiles laid diagonally, custom
shutters and blinds, granite counter tops with full granite back
splashes, pull out drawers added to lower kitchen cabinets, instant
hot water systems, epoxy finished garage floors and built in
cabinets on all interior walls of garage. The yard has low
maintenance custom landscape with artificial turf both in the front
and back landscape. Low HOA and on IID for lower electric bills.
Golf cart to the Indio Municipal Golf Course, shopping, dining and
easy I-10 access
Unit Size
2,998 Ft²
Days on Market
47 days
Land Size
0.18 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
2005
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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: 5 months ago (CRMLS #217014220DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2017 | Sold | ||
| Sold | |||
| May 13, 2017 | Listed by Desert Sotheby's International Realty | $369,250 | |
| Listed by Desert Sotheby's International Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Rachel Wills, Desert Sotheby's International Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 217014220DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 217014220DA
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