49548 Minelli
About This Property
INDIAN PALMS, GOLF 27 HOLES, CLUB HOUSE, NICE GYM, CLUB HOUSE WITH OCCASIONAL ACTIVITIES, 3 GATES, MAIN GATE OFF MONROE. COMMUNITY POOL, AND SEVERAL SEPARATE POOLS FOR YOU USE, VERY NICE GYM AT MAIN CLUBHOUSE, ENJOY GATHERTINGS AT THE BAR/ RESTURANT, SPECIAL FOOD NIGHTS. TURANT. PICKLE BALL COURTS AND TENNIS COURTS. JUST MINUTES TO DOWNTOWN LAQUINTA, THE RESORT AND A NUMBER OF RESTURANTS, HIKE, BIKE AND OR TAKE A DRIVE TO DOWNTOWN PALM SPRINGS OR PALM DESERT. OR PICK UP YOUR CLUBS AND HEAD TO THE DRIVING RANGE. A FEW ITEMS RESERVED BY SELLER, B UT SOLD WITH MOST FURNISHINGS AS PRESENTED. 3.1% LOAN MAY OR MAY NOT BE ASSUMABLE, TO BE VERIFIED. CHECK OUT CLUBHOUSE DIINING AND EVENTS. BUYER TO INVESTIGATE ALL ASPECTS, HOA, LOT AND AMENITIES.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Price Decreased |
$529,000
↓ $6K
(1.1%) | |
| Price Decreased | |||
| Jul 14, 2026 | Price Decreased |
$535,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
| Jul 9, 2026 | Price Increased |
$539,000
↑ $4K
(0.8%) | |
| Price Increased | |||
| Jun 5, 2026 | Price Decreased |
$535,000
↓ $7K
(1.3%) | |
| Price Decreased | |||
| May 28, 2026 | Price Decreased |
$542,000
↓ $3K
(0.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017