49841 Bates Street
About This Property
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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 |
|---|---|---|---|
| Aug 15, 2026 | Listed by Windermere Real Estate | $525,000 | |
| Listed by Windermere Real Estate | |||
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Jun 16, 2024 | Listed by BHG Desert Lifestyle Properties | $505,000 | |
| Listed by BHG Desert Lifestyle Properties | |||
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Discover the epitome of luxury and convenience in this spectacular home in the highly sought-after Indian Palms Country Club and Resort. This exceptional residence spans 1,815 sq ft and was built in 2014. It is designed to impress, featuring a total of 3 bedrooms. Two are spacious ensuite bedrooms, each with a large walk-in closet. The primary bathroom is a sanctuary with dual sinks, a lavish soaking tub, and a walk-in shower. The guest bedroom also boasts its own private bath, ensuring comfort and privacy for all. The third bedroom offers versatility and can be used as a bedroom or den/office, offering flexibility to suit your needs. Step inside and be greeted by the elegance of plantation shutters and ceiling fans throughout. The heart of the home is the expansive great room, adorned with a cozy gas fireplace, flowing seamlessly into the gourmet kitchen. Here, you'll find granite countertops, a large island with seating, a walk-in pantry, and a dining area perfect for entertaining and culinary adventures. Imagine unwinding on your large, covered patio, gazing at the lush green belt and stunning western mountain views. This serene outdoor space is ideal for relaxing or hosting memorable gatherings. Indian Palms Country Club and Resort is synonymous with resort-style living, and this home is no exception. Enjoy the peace of mind that comes with low HOA dues, which include front and back landscape maintenance, enhancing the home's exceptional value. As a resident, you'll benefit from membership to the Lifestyle Center, offering access to three sparkling pools, a state-of-the-art gym, tennis courts, pickleball, and bocce ball. The community also features a charming 59-room boutique hotel, perfect for visiting friends and family. Savor gourmet meals at the onsite bar and restaurant, or perfect your swing on the 27-hole golf course, with the clubhouse welcoming the public. Plus, short-term rentals are allowed, providing flexibility and potential rental income. Situated close to the world-famous polo grounds, host to the renowned Coachella and Stagecoach festivals, this home places you in the heart of the action. Additionally, Indian Palms Country Club and Resort is conveniently near shopping and dining. This home isn't just a place to live it's a lifestyle. Experience the perfect blend of luxury, convenience, and excitement. Don't miss out on this extraordinary opportunity!
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| Jun 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 10, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $519,900 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Welcome to Indian Palms CC. This beautiful home has been very well maintained through the years. Enjoy west views across a greenbelt with mountains in the background from your covered patio. This home has two bedrooms with a den and two full baths with a powder bath. Upgraded flooring with tile throughout. Upgraded kitchen with huge island for entertaining. This one will not last long! The manager has listed the unit size as 1815 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017