$655,000
●
House -
Off Market
84554 Strada Way
Indio, CA 92203
4 Beds
3 Baths,
1
Half Bath
2,697 Ft²
$692,304
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
Terra Lago Enjoy... Fabulous Resort Style Living! Beautiful 4
Bedrooms, 3 bath Open Floor Plan home offers
2,697 sq ft. Den, + Upstairs loft (could be 6 Bedroom a/minor
modification) Combination Dining & Living area, Plus Great
Room w/fireplace! Spacious Open & Inviting Kitchen w/Island,
granite counters, Plenty of cabinets and counter space! Individual
Laundry Room. Spacious master suite offers a soaking tub, walk in
shower, double vanity and large walk in closet. Secondary
Bedrooms are Queen Sized, one with Walk in Closet, Mountain Views
from upper level! Large Private ''Pool Sized'' lot with
mature fichus trees. You'll appreciate the Huge 3 car tandem
garage. Yes, Short Term Rentals allowed. This Beautiful Gated
community with nearby Golf Club at Terra Lago! 20-acre
lake for Kayaking, Pontoon Boats, Fishing! You'll Love the
Clubhouse with lounge areas, fireplaces, pool/spa, youth wading
pool, playground, 24 hour access Fitness Center, game room,
Billiard Room, Banquet Room w/catering Kitchen. HOA Dues
include Cable TV & High Speed Wi-Fi. Close to Shopping,
Entertainment, Dining, Medical, Schools, Dog Park w/solar lighting.
Tennis, Basketball, Hiking all located within walking distance to
this Beautiful Community!
Unit Size
2,697 Ft²
Days on Market
54 days
Land Size
0.18 acres
Price per sqft
$222
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 #219062300DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by Nilson Realty | $599,000 | |
| Listed by Nilson Realty | |||
| Mar 25, 2016 | Sold | ||
| Sold | |||
| Dec 31, 2015 | Listed by HK Lane Real Estate | $274,900 | |
| Listed by HK Lane Real Estate | |||
| | |||
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Fabulous resort style living in Terra Lago! This beautiful home has it all! It offers 2,697 sqft, with 4 bedrooms, a den, upstairs loft, and 3 bathrooms. Combo dining & living room and a fantastic family room with fireplace. Open kitchen with center island, slab granite counters and lots of cabinets. Huge 3+ car tandem garage. Spacious master suite offers a soaking tub, walk in shower, double vanity and large walk in closet. Newer carpet & laminate flooring upstairs, and tile floors downstairs. This home is immaculate! Large backyard with mature ficus, which gives the yard great privacy. Very desirable gated community offers a public 36 hole champion golf course, 20-acre recreational lake and a 10,000 s.f. clubhouse with pools & a fitness center! The community of Terra Lago offers sprawling man made lakes, community pool, spa and gym. HOA Dues include Fios Cable TV & Wi-Fi.
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Property Highlights
Garage
Air Conditioning
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
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
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Listed by: Gracie Nilson, Nilson Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219062300DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219062300DA
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