$390,000
●
House -
Off Market
84269 Canzone Drive
Indio, CA 92203
2 Beds
2 Baths
1,720 Ft²
$562,490
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
TWO MASTER SUITES! :: Elegant, lakeside living in magnificent Terra
Lago! Custom built with an inspired design by a one-owner family,
this splendid property is the ultimate vacation home or year round
residence. Open, bright and with stunning waterfront windows, this
home has a view that must be seen to be believed. From the formal
foyer entry to the grand, island kitchen, this home impresses.
Imagine coming home to Terra Lago: a guarded entry resort community
boasting a 20 acre lake and a luxury clubhouse with fitness center,
playground, meeting room, swimming pool and billiard room. This
home has only one adjacent neighbor allowing for a one of a kind
view. Also has indoor laundry, double garage, and all appliances to
transfer with sale. HOA includes cable and high speed internet!
Furniture may be available as per inventory list outside of escrow.
Unit Size
1,720 Ft²
Days on Market
75 days
Land Size
0.14 acres
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
$269
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: 3 years ago (CRMLS #219040147DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2020 | Sold | ||
| Sold | |||
| Mar 4, 2020 | Listed by Redfin Corporation | $398,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Air Conditioning
Parking Available
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Conrado Delagarza, Redfin Corporation
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219040147DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219040147DA
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