$685,000
●
House -
Off Market
84317 Eremo Way
Indio, CA 92203
4 Beds
3 Baths
2,697 Ft²
$770,800
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
Fabulous South facing, two story 4/bedrooms, 3/baths, den/office
plus a loft located behind the gates of desirable Terra Lago/ North
Indio! This well maintained home offers nice curb appeal,
well designed open floor plan, warm interior paint, double pane
windows, shutters, ceiling fans, kitchen has granite countertops &
backsplash with walk in pantry, each bedroom has their own walk-in
closet, plenty of storage plus an oversized 3 car tandem garage!
Amazing landscaped backyard & patio cover with mountain views
that's perfect for entertaining your friends and family and yes
there is ample room for a Beautiful pool and spa! Terra Lago
offers resort-like lifestyle with many amenities such as a
Beautiful 20 acre lake for fishing, kayaking & boating, clubhouse
w/24/hr fitness center, community pool & spa over looking the lake
to name a few! Short term rental friendly. Hoa dues include cable &
high speed internet w/24 hr. security. Close proximity to dining,
shopping & entertainment! Call today to schedule your private
showing!
Unit Size
2,697 Ft²
Days on Market
54 days
Land Size
0.18 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
$289
Year Built
2005
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Cap Rate Calculator
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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 #219065194DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2023 | No longer available | - | |
| No longer available | |||
| Jun 24, 2023 | In contract | - | |
| In contract | |||
| Jun 10, 2023 | Price Decreased |
$870,000
↓ $45K
(4.9%) | |
| Price Decreased | |||
| Apr 29, 2023 | Price Decreased |
$915,000
↓ $30K
(3.2%) | |
| Price Decreased | |||
| Mar 14, 2023 | Price Decreased |
$945,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
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HOA + Taxes
About Indio
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Listed by: Kelly Schufelt, Desert Sands Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219065194DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219065194DA
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