$475,000
●
House -
Off Market
84709 Pavone Way
Indio, CA 92203
3 Beds
2 Baths
2,012 Ft²
$543,610
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This lovely home offers 3 bedrooms, 2 bathrooms and a 3 car tandem
garage. The open floor plan features a spacious kitchen with
granite counters. Enjoy plantation shutters throughout the
property. This property also has a low maintenance backyard and
near the community amenities. From kayaking, electric boating, and
catch-and-release fishing, the neighborhood 20 acre lake offers an
active lifestyle. The HOA dues are low and amenities are plentiful-
from a fitness center, guarded gate, cable TV and internet, you
will love this stunning community. Whether this is your primary
home, vacation home or your new investment property, you won't want
to miss this one. Short term rentals ARE allowed by the HOA! Come
experience the tranquility of Terra Lago.
Unit Size
2,012 Ft²
Days on Market
32 days
Land Size
0.14 acres
Price per sqft
$236
Property Type
House
Property Taxes
-
HOA Dues
$285
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: 2 years ago (CRMLS #219065383DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jul 26, 2021 | Listed by BBS Brokers Realty | $475,000 | |
| Listed by BBS Brokers 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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Indio
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kamoei Group, BBS Brokers Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219065383DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219065383DA
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