$338,750
●
House -
Off Market
83436 Lightning Road
Indio, CA 92203
3 Beds
3 Baths,
1
Half Bath
2,185 Ft²
$514,278
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Beautifully maintained home with plantation shutters throughout,
gourmet kitchen with large center island, slab granite counter tops
with full backsplash, stainless steel appliances, built in desk,
breakfast bar and breakfast nook. The spacious great room has a
custom fireplace surround, and a built-in entertainment center. The
master bedroom has a french door which leads out to the covered
patio area, and a built-in entertainment center. All the living
areas and bathrooms have large floor tile; and the bedrooms have
laminate flooring. The front and back yards have mature landscaping
and fruit trees. Shadow ranch is right across the street from the
Indio Municipal Golf Course, and in very close proximity to the
Winco Shopping Center. Please see attached tax roll which shows a
tax rate of 1.21%, no special assessments, and mello-roos of
$465.68. Call us for your private showing.
Unit Size
2,185 Ft²
Days on Market
94 days
Land Size
0.19 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
2005
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Cap Rate Calculator
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Monthly Rental Income
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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 #218012864DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 26, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 7, 2018 | Price Increased |
$345,000
↑ $5K
(1.5%) | |
| Price Increased | |||
| May 29, 2018 | Listed | $339,900 | |
| Listed | |||
| | |||
|
Beautifully maintained home with plantation shutters throughout, gourmet kitchen with large center island, slab granite counter tops with full backsplash, stainless steel appliances, built in desk, breakfast bar and breakfast nook. The spacious great room has a custom fireplace surround, and a built-in entertainment center. The master bedroom has a french door which leads out to the covered patio area, and a built-in entertainment center. All the living areas and bathrooms have large floor tile; and the bedrooms have laminate flooring. The front and back yards have mature landscaping and fruit trees. Shadow ranch is right across the street from the Indio Municipal Golf Course, and in very close proximity to the Winco Shopping Center. Please see attached tax roll which shows a tax rate of 1.21%, no special assessments, and mello-roos of $465.68. Call us for your private showing. The manager has listed the unit size as 2185 square feet.
| |||
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Property Highlights
Air Conditioning
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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Listed by: Lupe Pasillas, RE/MAX Consultants
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218012864DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218012864DA
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