CA > Indio > Four Seasons At Terra Lago
Indio, CA 92203,43835 Mezzelune WAY
Indio, CA 92203,43835 Mezzelune WAY
Indio, CA 92203,43835 Mezzelune WAY
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$429,000
Est. payment /mo
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2 Beds
2 Baths
1,886 SqFt
Price Dropped by $16K

43835 Mezzelune WAY Indio, CA 92203

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Greg LaPointe

Greg LaPointe

+1(951) 609-5996

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,886 sqft

Price per Sqft $227

Subdivision Four Seasons At Terra Lago

MLS Listing ID 219135337

Bedrooms 2

Full Baths 2

HOA Fees $300/mo

HOA Y/N Yes

Year Built 2021

Lot Size 7,174 Sqft

Property Sub-Type Single Family Residence

Property Description

PRICED TO SELL!FULLY MANAGED 55+ RENTAL WITH LONG TERM TENANT IN PLACE AND PAID SOLAR! signed specifically for the hands-off investor, this new, tenant-occupied asset is now available at a reduced price of $429,000, offering immediate cash flow. The 6.48% CAP RATE is calculated after all operating expenses, including the full professional property management fee, are deducted. With this property, you're investing in a steady and predictable income stream rather than a job. Key highlights include: ✅ Fully Managed—enjoy zero operational hassle or landlord risk. ✅ Solar-Owned—an entirely owned solar system provides a strong operational hedge, enhancing NOI stability. ✅ NOI (Net Annual Profit)—a healthy $27,794. ✅ Low Risk—built in 2020, located in the highly desirable 55+ community of FOUR SEASONS AT TERRA LAGO, with a long-term tenant already in place. Engineered for the Hands-Off Investor. This newer construction, tenant-occupied asset is priced for immediate cash-flow at $429,000. The 6.48 CAP RATE net of all operating expenses includes the full professional property management fee. You are buying a secure, predictable income stream, not a job. KEY FEATURES:  Fully Managed: Zero operational hassle or landlord risk.  Solar-Owned:100% Owned solar system provides a significant operational hedge, boosting NOI stability.  NOI (Net Annual Profit): A robust $27,794.  Low Risk: Newer construction (2020) in a highly desirable 55+ community with a long-term tenant in place.

Location

State CA

County Riverside

Area 309 - Indio North Of I-10

Interior

Heating Central

Cooling Central Air

Furnishings Turnkey

Fireplace false

Exterior

Exterior Feature Solar System Owned

Parking Features true

Garage Spaces 2.0

Fence Block, Brick, Privacy

Utilities Available Cable TV, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected

View Y/N true

View Mountain(s), Peek-A-Boo

Private Pool No

Building

Lot Description Back Yard, Landscaped, Private

Story 1

Entry Level One

Sewer In Street Paid

Level or Stories One

Others

HOA Fee Include Building & Grounds,Cable TV,Clubhouse,Maintenance Paid,Security,Sewer,Trash,Utilities

Senior Community Yes

Acceptable Financing 1031 Exchange, Cash, Cash to New Loan, Conventional

Listing Terms 1031 Exchange, Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Utopia Management Inc

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Greg LaPointe

Greg LaPointe

Agent | License ID: DRE# 02249574

+1(951) 609-5996

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43835 Mezzelune WAY