51720 Ponderosa Drive
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 |
|---|---|---|---|
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Listed by Vine Property Group, Inc. | $425,000 | |
| Listed by Vine Property Group, Inc. | |||
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | Listed by Re/Max Area Experts | $464,000 | |
| Listed by Re/Max Area Experts | |||
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Resort-style living at its finest in the well known Polo Club of Indio's 55+ community. Nestled at 51720 Ponderosa Dr., this meticulously crafted home offers 2 bedrooms & 2 baths with an open floor plan, including an unparalleled blend of luxury, convenience, and recreation. Step into a world of leisure & relaxation as you explore the myriad of amenities that await within the social scene of the community, where gatherings at the poker and billiards rooms foster friendships and shared experiences. Outdoor enthusiasts will delight in the abundance of recreational opportunities available, including a putting green, bocce ball court, and a sprawling chess game area. Whether you're enjoying a leisurely stroll through the meticulously manicured grounds or gathering for a picnic in the designated area, every moment is infused with a sense of joy and camaraderie. As the day draws to a close, retreat to your own sanctuary at 51720 Ponderosa Drive. Thoughtfully designed with comfort and style in mind, this residence boasts elegant finishes and modern conveniences throughout. Whether you're relaxing in the spacious living areas or unwinding on the tranquil patio, every corner of this home exudes warmth and sophistication. With an array of amenities at your fingertips and a vibrant community of like-minded individuals, every day offers the opportunity to live life to the fullest. Don't miss your chance to call this one of a kind enclave home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017