$340,000
●
House -
Off Market
83373 Flamingo Avenue
Indio, CA 92201
4 Beds
3 Baths
2,125 Ft²
$514,329
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
This is a great opportunity to own this upgraded home, located in
Villa Montego. This home features 4BD, 3BA, formal & Family living
room. Kitchen is upgraded with new kitchen cabinets, granite
Counter tops including a good size granite Island and a chandelier.
Tile flooring through out the kitchen, formal living room, family
room and hallways. This home offers ceiling fans in the formal
living, family Room and all bedrooms. The rear yard offers a cover
patio, beautiful landscaping with a concrete RV access driveway.
This home has lots of parking space, perfect for a business owner
or a large family.
Unit Size
2,125 Ft²
Days on Market
55 days
Land Size
0.18 acres
Price per sqft
$160
Property Type
House
Property Taxes
-
HOA Dues
-
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: 5 months ago (CRMLS #218018122DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Sold | ||
| Sold | |||
| Jul 19, 2018 | Listed | $340,000 | |
| Listed | |||
| | |||
|
This is a great opportunity to own this upgraded home, located in Villa Montego. This home features 4BD, 3BA, formal & Family living room. Kitchen is upgraded with new kitchen cabinets, granite Counter tops including a good size granite Island and a chandelier. Tile flooring through out the kitchen, formal living room, family room and hallways. This home offers ceiling fans in the formal living, family Room and all bedrooms. The rear yard offers a cover patio, beautiful landscaping with a concrete RV access driveway. This home has lots of parking space, perfect for a business owner or a large family. The manager has listed the unit size as 2125 square feet.
| |||
| Jun 20, 2018 | Listed by Desert Sands Realty | $340,000 | |
| Listed by Desert Sands Realty | |||
| Sep 2, 2017 | Listed | $325,000 | |
| Listed | |||
| | |||
|
This is a great opportunity upgraded home, located in Villa Montego. This home features 4BD, 3BA, formal & Family living room. Kitchen is upgraded with new kitchen cabinets, granite Counter tops including a good size granite Island and a chandelier. Tile flooring through out the kitchen, formal living room, family room and hallways. This home offers ceiling fans in the formal living, family Room and all bedrooms. The rear yard offers a cover patio, beautiful landscaping with a concrete RV access driveway. This home has lots of parking space, perfect for a business owner or a large family. The manager has listed the unit size as 2125 square feet.
| |||
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Property Highlights
Fireplace
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
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Juan Jose Aleman, Desert Sands Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 218018122DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 218018122DA
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