$610,000
●
House -
Off Market
85667 Molvena Drive
Indio, CA 92203
2 Beds
2 Baths
2,287 Ft²
$649,010
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Welcome to your new Desert Oasis located in Terra Lago Four
Seasons! This property features an elevated lot which gives you
amazing mountain views with your own private pool and spa built in
2019. This property has beautiful quartz counter tops, modern
upgraded tile, stainless steel appliances, stunning ceiling fans,
and light fixtures. The master bedroom has an exceptional walk in
closet, large shower, and a two sink vanity with breath taking
views! Plus a 2 car garage with a golf cart garage! This low HOA
fee includes exceptional amenities including a fitness center,
indoor pool, outdoor pool, bocce ball, tennis courts, pickle ball,
and much more.
Unit Size
2,287 Ft²
Days on Market
25 days
Land Size
0.15 acres
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
$250
Year Built
2018
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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: 10 months ago (CRMLS #219085868PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2022 | Sold | ||
| Sold | |||
| Oct 15, 2022 | Listed by Coldwell Banker Realty | $615,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome to your new Desert Oasis located in Terra Lago Four Seasons! This property features an elevated lot which gives you amazing mountain views with your own private pool and spa built in 2019. This property has beautiful quartz counter tops, modern upgraded tile, stainless steel appliances, stunning ceiling fans, and light fixtures. The master bedroom has an exceptional walk in closet, large shower, and a two sink vanity with breath taking views! Plus a 2 car garage with a golf cart garage! This low HOA fee includes exceptional amenities including a fitness center, indoor pool, outdoor pool, bocce ball, tennis courts, pickle ball, and much more.
| |||
Property Highlights
Garage
Air Conditioning
With View
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: Kayla Toohey, Coldwell Banker Realty
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 219085868PS
Last Updated: 10 months ago
Data Source: CRMLS, MLS# 219085868PS
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