$148,000
●
Condo -
Off Market
48255 E Monroe Street #62
Indio, CA 92201
2 Beds
2 Baths
998 Ft²
$225,683
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
Freshly remodeled. Very light and bright. Everything is included,
Just bring a tooth brush
Unit Size
998 Ft²
Days on Market
49 days
Land Size
0.03 acres
Price per sqft
$149
Property Type
Condo
Property Taxes
-
HOA Dues
$370
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Interest %
Your Estimated Monthly Payment
Principal + Interest:
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HOA:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #218022492DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | Listed by Bennion Deville Homes | $249,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Resort style condominium available now in Quail Lakes Racquet Club gated community. Gentle streams flow throughout this property providing a peaceful oasis to it's residence. Property boasts features such as a lighted tennis court, clubhouse, pool, and spa. This ground level 2 bed/2 full bath condo is water front property!One of the streams gently runs feet from this patio!Kitchen comes furnished with stainless steel appliances. Patio has a full sized washer and dryer enclosed. Detached garage provides 1 covered parking space as well as secure storage. HOA provides landscaping, water, gas & trash.LOCATION, LOCATION,LOCATION!Walk across the street to Indian Palms Country Club Polo/Equestrian center to play golf or go to their restaurant. Coachella & Stagecoach festival grounds are a 5min drive! JFK Memorial Hospital and Kaiser medical offices are also a 5min drive!Don't miss out on this little resort style home!
| |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Aug 12, 2018 | Listed by Cross Realty | $149,000 | |
| Listed by Cross Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Furnished
Appliances: Gas Cooktop, Gas Water Heater
Flooring Type: Carpet, Tile
Living Area Square Feet Source: Assessor
Laundry Features: Outside
Exterior Details
Year Built: 1980
Parcel Number: 616211062
Home Type: Residential
Roof: Composition, Shingle
Outdoor Living Structures: Concrete
Spa Features: Community, In Ground
Private Pool
Pool Features: Electric Heat, In Ground
Lot Information: Sprinklers Timer, Sprinkler System
Lot Size Source: Assessor
Lot Size Acres: 0.03
Utilities Details
Cooling Type: Central Air
Utilities: Cable Available
Location Details
Association Amenities: Maintenance Grounds, Hot Water, Meeting Room, Pet Restrictions, Tennis Courts, Trash, Cable Tv
Association Fee: $370
Association Fee Frequency: Monthly
Community Features: Gated
Security Features: Gated Community
High School District: Desert Sands Unified
Directions: 48th to Monroe take right, 1st development on right Cross Street: 48th.
Other Details
Listing Terms: Cash, CashToNewLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/19/2026
|
1 Bed
|
1 Bath
|
668 ft²
|
$180,000
1 Bed
1 Bath
668 ft²
|
-
-
|
Khris Jung
Sunset Realty
| |
|
10/31/2025
|
2 Bed
|
2 Bath
|
998 ft²
|
$279,000
2 Bed
2 Bath
998 ft²
|
$275,000
-1.43%
11/20/2025
|
Larry Cohen
HomeSmart
| |
|
10/31/2025
|
2 Bed
|
2 Bath
|
998 ft²
|
$295,000
2 Bed
2 Bath
998 ft²
|
$240,000
-18.64%
01/07/2026
|
Khris Jung
Sunset Realty
| |
|
10/31/2025
|
1 Bed
|
1 Bath
|
669 ft²
|
$169,000
1 Bed
1 Bath
669 ft²
|
$169,000
02/05/2026
|
Larry Cohen
HomeSmart
| |
|
09/24/2025
|
2 Bed
|
2 Bath
|
998 ft²
|
$309,900
2 Bed
2 Bath
998 ft²
|
$245,000
-20.94%
03/31/2026
|
Jolie Leydekkers
Windermere Real Estate
| |
|
09/10/2025
|
1 Bed
|
1 Bath
|
857 ft²
|
$249,000
1 Bed
1 Bath
857 ft²
|
$242,000
-2.81%
02/13/2026
|
Maggie Hickman
HomeSmart
| |
|
03/05/2025
|
2 Bed
|
2 Bath
|
998 ft²
|
$249,000
2 Bed
2 Bath
998 ft²
|
$249,000
06/18/2025
|
Karl Heltsley
Bennion Deville Homes
| |
|
01/04/2025
|
1 Bed
|
1 Bath
|
668 ft²
|
$210,000
1 Bed
1 Bath
668 ft²
|
$165,000
-21.43%
02/11/2025
|
Raymond Radas
Equity Union
| |
|
09/04/2024
|
1 Bed
|
1 Bath
|
668 ft²
|
$195,000
1 Bed
1 Bath
668 ft²
|
$170,000
-12.82%
12/04/2024
|
Sean Carbajal
HomeSmart
| |
|
07/01/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$264,900
2 Bed
2 Bath
998 ft²
|
$270,000
+1.93%
09/30/2024
|
Repeka Mazmanian
Weichert Realtors-Preferred
| |
|
06/22/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$279,999
2 Bed
2 Bath
998 ft²
|
$265,000
-5.36%
07/31/2024
|
Marsha Kay McMahon-Jones
Redfin Corporation
| |
|
12/15/2023
| |
1 Bed
|
1 Bath
|
668 ft²
|
$225,000
1 Bed
1 Bath
668 ft²
|
-
-
|
Trish Fitzgerald
Realty Executives Desert Lifestyles
|
|
05/20/2024
|
1 Bed
|
2 Bath
|
857 ft²
|
$235,000
1 Bed
2 Bath
857 ft²
|
$235,000
07/31/2024
|
Roy Lagpacan
The Duncan Group
| |
|
03/15/2024
|
1 Bed
|
1 Bath
|
668 ft²
|
$199,000
1 Bed
1 Bath
668 ft²
|
$198,000
-0.50%
12/03/2024
|
Miguel Zepeda
HomeSmart
| |
|
03/15/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$285,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Joseph Demetry
Coldwell Banker Realty
| |
|
02/23/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$295,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Koubek & Turney Realty Group
Bennion Deville Homes
| |
|
02/12/2024
|
1 Bed
|
1 Bath
|
668 ft²
|
$211,000
1 Bed
1 Bath
668 ft²
|
-
-
|
Lorena Kelder
Realty Masters & Associates
| |
|
09/12/2023
|
1 Bed
|
1 Bath
|
668 ft²
|
$223,000
1 Bed
1 Bath
668 ft²
|
-
-
|
Marsha Kay McMahon-Jones
Redfin Corporation
| |
|
06/10/2023
|
2 Bed
|
2 Bath
|
998 ft²
|
$281,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Hilda Magana
JJ Real Estate and Associates
| |
|
03/01/2023
|
1 Bed
|
1 Bath
|
668 ft²
|
$174,000
1 Bed
1 Bath
668 ft²
|
-
-
|
Maggie Hickman
HomeSmart
| |
|
01/19/2023
|
2 Bed
|
2 Bath
|
998 ft²
|
$254,900
2 Bed
2 Bath
998 ft²
|
-
-
|
Maggie Hickman
HomeSmart
| |
|
10/13/2022
|
1 Bed
|
2 Bath
|
857 ft²
|
$239,900
1 Bed
2 Bath
857 ft²
|
$230,000
-4.13%
11/17/2022
|
Lacey Winterton
Realty Executives Desert Lifestyles
| |
|
08/09/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$299,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Manuel Fernandez
Real Estate Connection
| |
|
07/25/2022
|
1 Bed
|
2 Bath
|
857 ft²
|
$263,000
1 Bed
2 Bath
857 ft²
|
-
-
|
KELLY DOMINGUEZ
KELLER WILLIAMS-LA QUINTA
| |
|
06/30/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$304,900
2 Bed
2 Bath
998 ft²
|
$305,000
+0.03%
08/25/2022
|
Theresa Crevling
Keller Williams Realty
| |
|
06/29/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$269,000
2 Bed
2 Bath
998 ft²
|
$262,000
-2.60%
08/19/2022
|
Elizabeth Marquart
RE/MAX ESTATE PROPERTIES
| |
|
06/23/2022
|
1 Bed
|
2 Bath
|
857 ft²
|
$259,900
1 Bed
2 Bath
857 ft²
|
-
-
|
Laulie Smith
Laulie Smith
| |
|
04/20/2022
|
2 Bed
|
2 Bath
|
1018 ft²
|
$290,000
2 Bed
2 Bath
1018 ft²
|
$298,000
+2.76%
06/17/2022
|
Juan Ruiz
JCR Real Estate and Mortgage
| |
|
04/08/2022
|
1 Bed
|
2 Bath
|
998 ft²
|
$235,000
1 Bed
2 Bath
998 ft²
|
$242,000
+2.98%
05/10/2022
|
Amber Placentia
HomeSmart
| |
|
03/20/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$275,000
2 Bed
2 Bath
998 ft²
|
-
-
|
KELLY DOMINGUEZ
KELLER WILLIAMS-LA QUINTA
| |
|
01/21/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$249,900
2 Bed
2 Bath
998 ft²
|
-
-
|
Ryan McKee
Engel & Volkers Palm Desert
| |
|
10/12/2021
|
1 Bed
|
1 Bath
|
668 ft²
|
$169,995
1 Bed
1 Bath
668 ft²
|
$180,000
+5.89%
10/29/2021
|
Justin Smith
Equity Union
| |
|
10/03/2021
|
1 Bed
|
2 Bath
|
857 ft²
|
$130,000
1 Bed
2 Bath
857 ft²
|
$160,000
+23.08%
10/25/2021
|
Karen Alciatore
Equity Union
| |
|
04/14/2021
|
2 Bed
|
2 Bath
|
1018 ft²
|
$189,000
2 Bed
2 Bath
1018 ft²
|
$200,000
+5.82%
04/30/2021
|
Stout Team
KUD Properties, Inc.
| |
|
12/14/2020
|
1 Bed
|
2 Bath
|
857 ft²
|
$129,900
1 Bed
2 Bath
857 ft²
|
$139,000
+7.01%
01/05/2021
|
Team Michael Hilgenberg w/ Kel...
Keller Williams Realty
| |
|
02/11/2021
|
1 Bed
|
1 Bath
|
668 ft²
|
$150,000
1 Bed
1 Bath
668 ft²
|
$150,000
04/08/2021
|
Justin Smith
Equity Union
| |
|
11/13/2020
|
2 Bed
|
2 Bath
|
998 ft²
|
$180,000
2 Bed
2 Bath
998 ft²
|
$180,000
01/28/2021
|
Susie Moore
Bennion Deville Homes
| |
|
09/22/2020
|
1 Bed
|
2 Bath
|
857 ft²
|
$159,900
1 Bed
2 Bath
857 ft²
|
$156,000
-2.44%
11/20/2020
|
Jessica Oertel
Bennion Deville Homes
| |
|
07/09/2020
|
1 Bed
|
2 Bath
|
857 ft²
|
$149,900
1 Bed
2 Bath
857 ft²
|
-
-
|
-
| |
|
01/06/2020
|
2 Bed
|
2 Bath
|
998 ft²
|
$139,000
2 Bed
2 Bath
998 ft²
|
$141,000
+1.44%
07/22/2020
|
Victor Benjamin
Elite Premier Properties
| |
|
12/10/2019
|
1 Bed
|
2 Bath
|
857 ft²
|
$151,000
1 Bed
2 Bath
857 ft²
|
$151,000
03/30/2020
|
Robert Cross
Cross Realty
| |
|
11/09/2019
|
2 Bed
|
2 Bath
|
998 ft²
|
$175,000
2 Bed
2 Bath
998 ft²
|
-
-
|
-
| |
|
11/01/2019
|
1 Bed
|
1 Bath
|
668 ft²
|
$135,000
1 Bed
1 Bath
668 ft²
|
$135,000
02/13/2020
|
Maggie Hickman
HomeSmart
| |
|
10/16/2019
|
1 Bed
|
1 Bath
|
668 ft²
|
$135,000
1 Bed
1 Bath
668 ft²
|
$127,000
-5.93%
12/30/2019
|
Eve Zimmerle
Keller Williams Realty
| |
|
07/03/2019
|
1 Bed
|
1 Bath
|
668 ft²
|
$128,800
1 Bed
1 Bath
668 ft²
|
$123,000
-4.50%
08/16/2019
|
Michelle Biagioni
Keller Williams Realty
| |
|
11/26/2018
|
1 Bed
|
2 Bath
|
857 ft²
|
$149,900
1 Bed
2 Bath
857 ft²
|
-
-
|
-
| |
|
04/01/2019
|
2 Bed
|
1 Bath
|
1018 ft²
|
$170,000
2 Bed
1 Bath
1018 ft²
|
$165,000
-2.94%
05/08/2019
|
Jessica Oertel
Bennion Deville Homes
| |
|
03/09/2019
|
2 Bed
|
2 Bath
|
998 ft²
|
$133,500
2 Bed
2 Bath
998 ft²
|
$133,500
03/15/2019
|
Robert Cross
Cross Realty
| |
|
02/05/2019
|
1 Bed
|
1 Bath
|
668 ft²
|
$130,000
1 Bed
1 Bath
668 ft²
|
$100,000
-23.08%
06/04/2019
|
Trish Fitzgerald
Realty Executives Desert Lifestyles
| |
|
11/26/2018
|
1 Bed
|
2 Bath
|
857 ft²
|
$152,900
1 Bed
2 Bath
857 ft²
|
-
-
|
-
| |
|
11/08/2018
|
2 Bed
|
2 Bath
|
998 ft²
|
$163,000
2 Bed
2 Bath
998 ft²
|
$160,000
-1.84%
11/27/2018
|
Team Michael Hilgenberg w/ Kel...
Keller Williams Realty
| |
|
10/13/2018
|
2 Bed
|
2 Bath
|
998 ft²
|
$159,000
2 Bed
2 Bath
998 ft²
|
$156,000
-1.89%
01/09/2019
|
Team Michael Hilgenberg w/ Kel...
Keller Williams Realty
| |
|
09/27/2018
|
1 Bed
|
2 Bath
|
857 ft²
|
$130,000
1 Bed
2 Bath
857 ft²
|
$127,500
-1.92%
11/20/2018
|
Trish Fitzgerald
Realty Executives Desert Lifestyles
| |
|
08/31/2018
|
1 Bed
|
2 Bath
|
857 ft²
|
$127,000
1 Bed
2 Bath
857 ft²
|
$127,000
01/10/2019
|
Team Michael Hilgenberg w/ Kel...
Keller Williams Realty
| |
|
07/23/2018
|
1 Bed
|
1 Bath
|
668 ft²
|
$115,000
1 Bed
1 Bath
668 ft²
|
$112,500
-2.17%
08/30/2018
|
Justin Smith
Equity Union
| |
|
07/19/2018
|
2 Bed
|
2 Bath
|
998 ft²
|
$155,000
2 Bed
2 Bath
998 ft²
|
$151,550
-2.23%
04/26/2019
|
Brenda Sanchez
Coldwell Banker Realty
| |
|
08/12/2018
|
2 Bed
|
2 Bath
|
998 ft²
|
$149,000
2 Bed
2 Bath
998 ft²
|
$148,000
-0.67%
10/01/2018
|
Robert Cross
Cross Realty
| |
|
07/19/2018
|
2 Bed
|
2 Bath
|
998 ft²
|
$149,900
2 Bed
2 Bath
998 ft²
|
$148,500
-0.93%
12/14/2018
|
John Gonnello
HomeSmart
| |
|
12/27/2017
|
2 Bed
|
2 Bath
|
998 ft²
|
$143,000
2 Bed
2 Bath
998 ft²
|
$144,000
+0.70%
03/14/2018
|
Robert Cross
Cross Realty
| |
|
12/20/2017
|
2 Bed
|
2 Bath
|
998 ft²
|
$141,000
2 Bed
2 Bath
998 ft²
|
$139,000
-1.42%
02/28/2018
|
Ross Stout
eXp Realty Of Southern California Inc
| |
|
12/01/2017
|
1 Bed
|
1 Bath
|
668 ft²
|
$110,000
1 Bed
1 Bath
668 ft²
|
$106,000
-3.64%
12/26/2017
|
Ross Stout
eXp Realty Of Southern California Inc
| |
|
07/09/2017
| |
1 Bed
|
1 Bath
|
668 ft²
|
-
1 Bed
1 Bath
668 ft²
|
-
-
|
-
|
|
04/13/2017
|
1 Bed
|
1 Bath
|
668 ft²
|
$98,000
1 Bed
1 Bath
668 ft²
|
$99,000
+1.02%
09/07/2017
|
Danette Kim
HomeSmart
| |
|
03/27/2017
|
1 Bed
|
1 Bath
|
668 ft²
|
$100,000
1 Bed
1 Bath
668 ft²
|
$100,000
09/08/2017
|
Denise Francis
Coldwell Banker Realty
| |
|
01/03/2017
|
2 Bed
|
2 Bath
|
998 ft²
|
$129,900
2 Bed
2 Bath
998 ft²
|
$130,000
+0.08%
03/24/2017
|
Julie Bertone
Berkshire Hathaway H.S.C.P.
| |
|
07/27/2016
|
2 Bed
|
2 Bath
|
998 ft²
|
$133,000
2 Bed
2 Bath
998 ft²
|
$130,000
-2.26%
10/11/2016
|
Greg Kallmann
Whitestar Management, Inc
| |
|
01/09/2016
|
2 Bed
|
2 Bath
|
998 ft²
|
$144,000
2 Bed
2 Bath
998 ft²
|
$140,000
-2.78%
01/31/2017
|
Mary Yeakel
Coldwell Banker Realty
| |
|
01/04/2016
|
1 Bed
|
2 Bath
|
857 ft²
|
$125,000
1 Bed
2 Bath
857 ft²
|
$120,000
-4.00%
04/20/2016
|
Mary Yeakel
Coldwell Banker Realty
| |
|
11/03/2015
|
2 Bed
|
2 Bath
|
998 ft²
|
$139,500
2 Bed
2 Bath
998 ft²
|
$132,000
-5.38%
03/08/2016
|
Robert Cross
Cross Realty
| |
|
08/08/2015
|
2 Bed
|
2 Bath
|
998 ft²
|
$139,900
2 Bed
2 Bath
998 ft²
|
$139,900
11/05/2015
|
Alvin Greenwalt
Alvin Greenwalt, Broker
| |
|
04/04/2015
|
1 Bed
|
1 Bath
|
857 ft²
|
$89,000
1 Bed
1 Bath
857 ft²
|
$80,000
-10.11%
11/16/2015
|
Trish Fitzgerald
Realty Executives Desert Lifestyles
| |
|
10/15/2014
|
2 Bed
|
2 Bath
|
1018 ft²
|
$133,000
2 Bed
2 Bath
1018 ft²
|
$133,000
12/17/2014
|
Trish Fitzgerald
Realty Executives Desert Lifestyles
| |
|
03/24/2014
|
2 Bed
|
2 Bath
|
1018 ft²
|
$114,900
2 Bed
2 Bath
1018 ft²
|
$108,000
-6.01%
04/11/2014
|
Greg Kallmann
Whitestar Management, Inc
| |
|
02/27/2014
|
2 Bed
|
2 Bath
|
1000 ft²
|
$134,900
2 Bed
2 Bath
1000 ft²
|
$131,000
-2.89%
11/26/2014
|
Byron Clark
First Team Real Estate
| |
|
04/17/2013
|
2 Bed
|
2 Bath
|
1018 ft²
|
$148,000
2 Bed
2 Bath
1018 ft²
|
$134,000
-9.46%
07/23/2013
|
Marnie Balog
Compass
| |
|
01/28/2013
|
1 Bed
|
1 Bath
|
668 ft²
|
$58,000
1 Bed
1 Bath
668 ft²
|
$51,000
-12.07%
03/29/2013
|
Roger Joles
Windermere Real Estate
| |
|
01/18/2013
|
1 Bed
|
1 Bath
|
668 ft²
|
$47,000
1 Bed
1 Bath
668 ft²
|
$52,700
+12.13%
02/13/2013
|
Denise Francis
Coldwell Banker Realty
|
Building Info
About Indio
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Listed by: Robert Cross, Cross Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 218022492DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 218022492DA
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