$465,000
●
House -
Off Market
83391 Ocean Breeze Lane
Indio, CA 92201
3 Beds
2 Baths
1,348 Ft²
$2,333
Est. Monthly
About This Property
Back on Market & Appriased over listing price!! Ready for quick
close! This charming 3-bed, 2-bath home in the Villa Montego
community w/ NO HOA fees and an ASSUMABLE LOAN for the right
buyer!! The home is perfect for 1st time homebuyers or investors
looking for short term rental capabilities. Step into the home & be
greeted by an inviting family room & cozy up to enjoy a movie
night. In the kitchen you'll find granite countertops & sleek
stainless steel appliances with a formal dining area to host family
dinners. Home has plenty of ceiling fans throughout to keep energy
costs low & comfort high. The primary bedroom offers the
convenience of direct access to your private backyard retreat.
Here, you'll discover low-maintenance landscaping, complete with
surrounding brick walls for added privacy. The spacious concrete
pad & lush artificial grass create the ideal setting for
entertaining family & friends. This home is also equipped w/ LOW
COST SOLAR panels, adding to its appeal & ensuring reduced utility
bills. Well-maintained & showcasing pride of ownership, this
property is a true gem waiting to welcome you. Don't miss out on
the opportunity to make it yours!
Unit Size
1,348 Ft²
Days on Market
174 days
Land Size
0.11 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
-
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: 2 years ago (CRMLS #219115691DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Relisted | $475,000 | |
| Relisted | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Relisted | $475,000 | |
| Relisted | |||
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Property Highlights
Garage
Air Conditioning
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Currently no similar homes aroundNearby Rentals
Listed by: Edrick Pineda, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219115691DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219115691DA
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