$420,000
●
House -
Off Market
83417 Lightning Road
Indio, CA 92203
5 Beds
4 Baths,
1
Half Bath
2,913 Ft²
$642,912
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
This is a 5 BEDROOM, pool home in the gated community of Shadow
Ranch in North Indio. Features include a Detached Casita, pebble
tech pool and spa, covered patio, tile flooring throughout, built
in speakers, and almost 3,000 square feet of indoor living space.
This home is single level (no stairs), with the ideal orientation
for the desert living - front yard facing North and backyard facing
South. Located just a few minutes from many stores and restaurants,
with easy access to the I-10 freeway. Low HOA dues ~ this home has
it all!
Unit Size
2,913 Ft²
Days on Market
45 days
Land Size
0.18 acres
Price per sqft
$146
Property Type
House
Property Taxes
-
HOA Dues
$125
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: 4 months ago (CRMLS #218016080DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Aug 3, 2018 | Sold | ||
| Sold | |||
| Jul 19, 2018 | Listed | $425,000 | |
| Listed | |||
| | |||
|
This is a 5 BEDROOM, pool home in the gated community of Shadow Ranch in North Indio. Features include a Detached Casita, pebble tech pool and spa, covered patio, tile flooring throughout, built in speakers, and almost 3,000 square feet of indoor living space. This home is single level (no stairs), with the ideal orientation for the desert living - front yard facing North and backyard facing South. Located just a few minutes from many stores and restaurants, with easy access to the I-10 freeway. Low HOA dues ~ this home has it all! The manager has listed the unit size as 2913 square feet.
| |||
| Jun 18, 2018 | Listed by Keller Williams Realty | $425,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Fireplace
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: Danette Kim, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218016080DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218016080DA
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