83950 Avenida Serena
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2024 | No longer available | - | |
| No longer available | |||
| Mar 13, 2024 | Price Decreased |
$619,900
↓ $9K
(1.5%) | |
| Price Decreased | |||
| Oct 30, 2023 | Listed by HomeSmart Professionals | $629,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
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Welcome to your dream vacation home! This stunning 3 bedroom, 2 bath oasis is the perfect example of luxury living in Indio, California. Nestled at the end of a quiet cul-de-sac in a desirable community, this recently renovated home boasts all the amenities necessary for an unforgettable getaway.
Step outside to your very own private paradise, complete with a brand new pool and spa, rock water fall, 2 fire bowls, and a cozy firepit. Challenge friends and family to a game of bocce ball, horseshoes, or putt a few balls on the 4 hole putting green. You'll also find a custom BBQ grill for those summer cookouts.
Inside, the home is equally impressive. Every inch of the space has been meticulously updated with new flooring, appliances, and newly painted interiors and exteriors. The custom walk-in showers are a highlight of the bathrooms.
This home has been designed with short-term rentals in mind, making it the perfect Airbnb for those seeking a luxury escape in Indio. And the best part? There are no short-term rental restrictions in this famous city of festivals. This property is perfect to earn passive income and add to your real estate portfolio and or initiate a 1031 tax exchange.
Don't wait any longer before this property is sold. Your unforgettable getaway awaits you! Call me to schedule a private showing. The manager has listed the unit size as 1305 square feet.
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| Oct 29, 2023 | No longer available | - | |
| No longer available | |||
| Sep 19, 2023 | Price Decreased |
$629,900
↓ $20K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017