$455,000
●
House -
Off Market
83923 Collection Drive
Indio, CA 92203
3 Beds
3 Baths
2,273 Ft²
$514,999
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Welcome to Desert Collection, a community of 144 homes in a highly
desired and beautiful North Indio locale. Conveniently located near
golf, shopping, dining, and the ever-popular Fantasy Springs Resort
Casino. This home sits on a corner lot and directly across from the
community green belt. A spacious open floor plan greets you with a
cozy living room, kitchen, breakfast nook and dining area. Retreat
to the master bedroom and you will find a large master bedroom with
dual sinks, large tub, separate shower and a huge master closet.
Additional features include and en suite with is own full bath,
additional guest bedroom down the hall, large 3 car garage, ample
storage and so much more. Schedule your showing today, this
property won't last long!
Unit Size
2,273 Ft²
Days on Market
82 days
Land Size
0.17 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
$102
Year Built
2006
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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: 3 years ago (CRMLS #219063325DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by RE/MAX Consultants | $450,000 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Indio
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Listed by: Kristopher Maddock, RE/MAX Consultants
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063325DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219063325DA
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