$217,000
●
House -
Off Market
49668 Minelli Street
Indio, CA 92201
3 Beds
3 Baths
1,831 Ft²
$387,805
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
Price Reduced!! 3 bedroom HUD home WITH CASITA and separate golf
cart garage!!. What a deal! 2 bedrooms 2 bath in the main house 1
bedroom 1 bath casita with separate entrance. The kitchen with
island. IPCC offers 27 holes of golf, tennis, fitness center,
community pools/spas and clubhouse with restaurant and bar. And you
can't beat the low HOA dues!.Property is NOT located in a FEMA
Special Flood Hazard Area but is listed as a moderate to low flood
risk. State law requires Carbon Monoxide detectors be installed for
properties having combustible fuel heaters/furnaces, fireplaces,
hot water heaters, clothes dryers, cooking appliances, or an
attached garage, but seller (HUD) is exempt from this requirement
as a Federal Entity, Install CO detector, HOA Association fee of
$30.00 Monthly : Indian Palms Country Club HOA. HOA Association fee
of $256.00 Monthly : Indian Palms Country Club HOA #9.
Unit Size
1,831 Ft²
Days on Market
111 days
Land Size
0.12 acres
Price per sqft
$119
Property Type
House
Property Taxes
-
HOA Dues
$286
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: 5 months ago (CRMLS #215013176DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Anselmo Real Estate | $489,900 | |
| Listed by Anselmo Real Estate | |||
| | |||
|
Behind the gates of Indian Palms Country Club & Resort awaits a spacious Single Family Home with Casita and additional Golf Cart Garage. Experience the Desert Resort Lifestyle in this Extraordinary home as a full time residence, vacation home or short term rental investment. Featuring an open-concept living space, 3 bed/ 3 bath with Private backyard. Spacious kitchen featuring large island w/ granite counters, abundant cabinet space, opens to a cozy family room w/ fireplace. Courtyard entry Casita features its own separate entrance. Luxurious primary retreat w/ensuite bath w/dual vanities, tub, granite counters, separate shower & walk-in closet. Two additional gracious guest bedrooms. Attached 2 car garage w/ additional Golf Cart Garage.Indian Palm CC is STVR approved in some areas within the club and offers Resort-style amenities: 27-hole Championship Golf Course, Practice range, Tennis/Pickle Ball courts, Bocce ball, Fitness center & Community Pools/ Spas. Location is Everything: minutes away from Empire Polo Grounds, Coachella & Stagecoach music festivals & easy access to i10. Low HOA dues include landscaping of front & backyard, Clubhouse access, Lifestyle fitness center access, tennis & community pools.
| |||
| Jun 24, 2022 | No longer available | - | |
| No longer available | |||
| Jun 12, 2022 | Price Decreased |
$499,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
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Property Highlights
Garage
Parking Available
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: Maria Richards, Weichert Realtors-Preferred
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 215013176DA
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 215013176DA
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