$309,000
●
House -
Off Market
85561 Adria Drive
Indio, CA 92203
2 Beds
2 Baths
1,588 Ft²
$417,705
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
This lovely two bedroom, two bathroom home is super cute, clean and
now available for purchase. With an open floor plan and tastefully
decorated, this gem won't last long. This property has a desirable,
private backyard that faces south so one can enjoy the morning sun
or an evening sunset. The home has been immaculately kept and is
the perfect desert getaway. What makes it even more desirable is
that it is located in the amenities-rich, gated community of Four
Seasons at Terra Lago. Private showings are available upon request.
Please note this is a 55 and older community..
Unit Size
1,588 Ft²
Days on Market
101 days
Land Size
0.12 acres
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
$220
Year Built
2016
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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: 5 months ago (CRMLS #219044821DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $309,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
This lovely two bedroom, two bathroom home is super cute, clean and now available for purchase. With an open floor plan and tastefully decorated, this gem won't last long. This property has a desirable, private backyard that faces south so one can enjoy the morning sun or an evening sunset. The home has been immaculately kept and is the perfect desert getaway. What makes it even more desirable is that it is located in the amenities-rich, gated community of Four Seasons at Terra Lago. Private showings are available upon request. Please note this is a 55 and older community..
| |||
Property Highlights
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
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Listed by: Krista Coyle, Berkshire Hathaway HomeServices California Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219044821DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 219044821DA
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