$435,000
●
House -
Off Market
49628 Minelli Street
Indio, CA 92201
3 Beds
2 Baths
1,796 Ft²
$429,165
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
This property is located in the highly desirable community of
Indian Palms Country Club Resort with 24-hour security. SHORT TERM
RENTALS ARE ALLOWED. This pristine Lennar home shows true pride of
ownership. The open floorplan has fantastic natural light, and the
great room and kitchen overlook the grassy enclosed yard. The
Owner's Retreat is oversized with a fireplace and luxurious en
suite bathroom, and large closet. The Guest Bedrooms are located
across the home for added privacy. Both are generously sized and
share the hall bathroom. The indoor laundry has a utility sink, a
large countertop for folding, and ample storage. The attached
garage includes a tandem space for additional storage or golf cart
parking. Included in the HOA dues are front and backyard
landscaping, security, membership in the Indian Palms Lifestyle
Center, which offers a large pool and spa, gym, classes, tennis,
pickleball, bocce ball, and more! Furnishings are negotiable. Book
your private showing today.
Unit Size
1,796 Ft²
Days on Market
35 days
Land Size
0.12 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
$304
Year Built
2007
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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: 3 years ago (CRMLS #219064976DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jul 13, 2021 | Listed by Windermere Homes & Estates | $375,000 | |
| Listed by Windermere Homes & Estates | |||
| May 24, 2019 | No longer available | - | |
| No longer available | |||
| Apr 10, 2019 | Listed | $289,999 | |
| Listed | |||
| | |||
|
This pristine Lennar home, used solely as a week-end retreat by its original original owners, is priced to sell! Entering this lovely home, one cannot help but be moved by the way the natural light dances through the property, playing off the colorful paint. With its open floor plan, Gourmet Kitchen and Great Room overlooking an enclosed grassy yard, this well-maintained property really shines. The Master retreat, with fireplace, sitting area and luxurious bath is sure to provide you with that perfect oasis in the desert. Bedrooms 2 and 3 have great separation, ensuring privacy for each occupant of the home, and for those who love to entertain their friends and family in our beautiful desert, the Great Room readily accommodates a sizeable crowd. Included in the HOA dues are Front and rear landscaping, security, membership in the Indian Palms Lifestyle Center, which offers a large pool, gym, classes, tennis, pickleball, bocce ball, and more! This is a good one, so call us today! The manager has listed the unit size as 1796 square feet.
| |||
| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indio
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Listed by: Serena Leiterman, Windermere Homes & Estates
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219064976DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219064976DA
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