$615,000
●
House -
Off Market
84440 Quartino Place
Indio, CA 92203
4 Beds
3 Baths,
1
Half Bath
2,431 Ft²
$676,025
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model
About This Property
Venice floorplan has a main floor Guest bedroom and Powder room.
Great Room and Fireplace. Den/Office. Dining area
with a Breakfast Bar Kitchen Island and Sub Zero Refrigerator.
Upstairs is an Owners Bedroom and Bathroom with Tub/Shower
and Double sinks with a walk in Closet. Two Guest bedrooms
and Guest Bathroom. Laundry room upstairs. Garage parking for
3 cars. The Golf Club at Terra Lago consists of 36 challenging
holes with dramatic elevation changes. Villa Terra Lago has a
nice Community Pool, Spa, Fitness Center, Pool Table room, Ping
Pong Table Room, Party Room with full Kitchen to rent out for
events, Youth Playground, Large Lawn to play on and a Gated/Guarded
Main Entrance with Roving Patrols. Frontier Cable and FIOS
Internet are part of the HOA. Outstanding hiking nearby at Badlands
Trail. Stagecoach and Coachella Festivals are very close too!
Unit Size
2,431 Ft²
Days on Market
107 days
Land Size
0.15 acres
Price per sqft
$267
Property Type
House
Property Taxes
-
HOA Dues
$285
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 #219080276DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2022 | Sold | ||
| Sold | |||
| Jun 12, 2022 | Listed by Nilson Realty | $650,000 | |
| Listed by Nilson Realty | |||
Property Highlights
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Gracie Nilson, Nilson Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080276DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219080276DA
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