$415,000
●
House -
Off Market
84668 Pavone Way
Indio, CA 92203
3 Beds
2 Baths
2,012 Ft²
$571,519
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model
About This Property
Location, Location, VACATION! Enjoy Jaw-Dropping Views Overlooking
the 11the Tee from this Immaculate Home in the Resort Community of
Terra Lago. This Ryland Home Offers an Open and Airy Floor Plan
that takes Full Advantage of the Panoramic Views and is Painted in
Tasteful Neutral Colors. Deluxe Kitchen w/Granite Counters,
Stainless Appliances and an Abundance of Cabinets. You'll also
Appreciate the Twenty Four inch Tile throughout w/Upgraded Carpet
in Bedrooms and an Oversized Patio to Maximize your Outdoor Living.
Truly a Triple Option of Opportunity; a Primary Residence, a
Vacation Getaway -or- a Fantastic Rental Opportunity that could be
Ready for Revenue! The Lifestyle at Terra Lago Offers a 20-acre
lake, 36-hole Championship Golf Course, Neighborhood Parks, a
Beautiful Recreational Center w/Fitness Center, Pool/Spa & a
Guarded Gate. Bonus: Easy Freeway Access, Close to Casinos and
Shopping. HOA includes Cable T.V. & Internet, Pool, Spa, Billiard
Room, Fitness Center, and Lake Access.
Unit Size
2,012 Ft²
Days on Market
45 days
Land Size
0.16 acres
Price per sqft
$216
Property Type
House
Property Taxes
-
HOA Dues
$280
Year Built
2008
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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 #219052487DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2020 | Sold | ||
| Sold | |||
| Nov 3, 2020 | Listed by Bennion Deville Homes | $435,000 | |
| Listed by Bennion Deville Homes | |||
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
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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: T.J. McCaa, Bennion Deville Homes
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052487DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219052487DA
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