$350,000
●
House -
Off Market
83323 Tourmaline Avenue
Indio, CA 92201
4 Beds
2 Baths
1,400 Ft²
$349,045
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Great Investment property!Needs TLC. This 4 bedroom 2 bath home
isReady for a new family. Located in North Indio perfect for the
first time home buyer and also a fantastic rental property for
investors. Seller already gave tenants 30 day notice to vacate.
Unit Size
1,400 Ft²
Days on Market
66 days
Land Size
0.18 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967
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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 #219095023DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2023 | No longer available | - | |
| No longer available | |||
| Jul 20, 2023 | Sold | ||
| Sold | |||
| May 25, 2023 | In contract | - | |
| In contract | |||
| May 17, 2023 | Listed by HomeSmart Professionals | $350,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
|
Great Investment property!Needs TLC. This 4 bedroom 2 bath home isReady for a new family. Located in North Indio perfect for the first time home buyer and also a fantastic rental property for investors. Seller already gave tenants 30 day notice to vacate. The manager has listed the unit size as 1400 square feet.
| |||
| Apr 19, 2023 | Listed by HomeSmart | $350,000 | |
| Listed by HomeSmart | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Rosa Maria Rodriguez, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219095023DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219095023DA
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