$605,363
●
House -
Off Market
84875 Corso Court
Indio, CA 92203
2 Beds
2 Baths
2,519 Ft²
$603,324
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Four Seasons at Terra Lago in Indio is our newest community for
those 55 and better! This brand new collection of homes at Terra
Lago will feature single family homes up to 2,519 square feet and
up to three bedrooms. These open home designs feature
spacious living areas perfect for functional living. Next to Terra
Lago's Golf Course it's perfect to enjoy and entertain family and
friends. Four Seasons is known for its resort-style living, and
that's just what you'll find at The Lodge clubhouse. At this
approximately 22,000 sq. ft. facility you will experience
incredible amenities such as a state-of-the-art fitness center with
an aerobics/yoga studio, ballroom, beauty salon with massage room,
and an indoor pool. Outdoors, you will find a resort-style pool
with spa and cabanas, a bocce ball court, 4 tennis courts, 3 pickle
ball courts, and a half court of basketball and so much more! This
guard gated active adult community features fun activities, clubs
and events for all of your interests including crafting, games, and
more.
Unit Size
2,519 Ft²
Days on Market
151 days
Land Size
0.19 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
-
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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 #219079780DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Jun 2, 2022 | Listed by K Hovnanian Homes, Inc. | $576,583 | |
| Listed by K Hovnanian Homes, Inc. | |||
Property Highlights
Air Conditioning
Garage
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Baths
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About Indio
Similar Homes for Sale
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Listed by: Michelle Nguyen, K Hovnanian Homes, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079780DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219079780DA
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