49398 Sherman Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Compass | $735,000 | |
| Listed by Compass | |||
| Jul 24, 2025 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Incredible Short-Term Rental Opportunity. Sold Fully Furnished! Welcome to your dream getaway in Indian Palms Country Club--a beautifully upgraded golf course home with private pool and spa, sold fully furnished and ready to enjoy or rent out immediately!Spanning 2,495 sq. ft., this spacious residence features 4 generous bedrooms and 2.5 bathrooms, making it the ideal vacation home or high-demand rental. The kitchen boasts granite countertops, stainless steel appliances, and an open-concept layout flooded with natural light. Recently installed luxury vinyl plank flooring adds warmth and style throughout the home (excluding kitchen). Step outside and take in breathtaking views of the Mountain Course's Signature 5th Hole Fairway from your private backyard oasis. Indian Palms Country Club offers resort-style amenities including 27 holes of championship golf, a fitness center, tennis and pickleball courts, pools/spas, gated security, and even a boutique hotel for your guests--all with low HOA dues.Just minutes from the world-renowned Coachella and Stagecoach music festivals, this is a prime location for both personal enjoyment and maximum rental potential. Don't miss your chance to own this turnkey gem!
| |||
| Jun 21, 2025 | Price Decreased |
$755,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017