1
Map
$500,000
●
House -
Off Market
83590 Mesquite Drive
Indio, CA 92203
5 Beds
3 Baths
1,458 Ft²
$2,578
Est. Monthly
About This Property
HUGE PRICE REDUCTION! Welcome to the home you have been waiting
for, Near I-10 freeway with an ADU built in Dec 2023 separate house
that offers a separate meter and lots of parking available! This
upgraded home is on a corner lot with a newly built ADU that offers
its own Kitchen 1bedroom, walk in closet and bathroom. The main
home offers 4 bedrooms, 2 baths and two different parking driveways
spaces available for parking and lots of street parking! You don't
want to miss this one, set your appointment today.
Unit Size
1,458 Ft²
Days on Market
45 days
Land Size
0.17 acres
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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: 8 months ago (CRMLS #219121416DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2024 | Listed by Gina Fernandez, Broker | $525,000 | |
| Listed by Gina Fernandez, Broker | |||
| | |||
|
HUGE PRICE REDUCTION! Welcome to the home you have been waiting for, Near I-10 freeway with an ADU built in Dec 2023 separate house that offers a separate meter and lots of parking available! This upgraded home is on a corner lot with a newly built ADU that offers its own Kitchen 1bedroom, walk in closet and bathroom. The main home offers 4 bedrooms, 2 baths and two different parking driveways spaces available for parking and lots of street parking! You don't want to miss this one, set your appointment today.
| |||
Property Highlights
Parking Available
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 Terrace
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Listed by: Ana Perez, Gina Fernandez, Broker
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219121416DA
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 219121416DA
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