$180,000
●
House -
Off Market
11044 San Jacinto Street
Morongo Valley, CA 92256
2 Beds
1 Bath
1,008 Ft²
$280,210
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
A rare opportunity to own a piece of paradise in this desirable
area of Morongo Valley! Price also INCLUDES the vacant lot behind
the house APN 0583-161-05-0-000, total of over 1+ acres(See
photo of map) Mountain views from every side of this 2
bedroom, 2 Baths - 1 FULL bath and 1 bath with a walk-in
shower, this single story home features an open floor plan
with a cozy kitchen, large livingroom, with a 2 car garage, RV
parking. Gorgeous view of San Jacinto mountain and
outstanding views of the high desert! This property is wonderfully
situated, short distance to the elementary school, and a quick
drive to the main center of town. Centrally-located, but still
enjoying the peace and quiet of small-town-living; only 20 minutes
to Palm Springs, 25 minutes to Joshua Tree. A true desert gem! This
property a personal spiritual refugee or an ideal primary
residence, or vacation home rental. Price includes a separate
vacant lot, great for a second home. Vacant lot can be sold after
the close of escrow or you can use it for a second home, RV, or
travel trailer parking, Tiny house,Build a spec home,community
garden.
Unit Size
1,008 Ft²
Days on Market
122 days
Land Size
1.00 acres
Price per sqft
$184
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
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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: 4 months ago (CRMLS #PW18153675)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Century 21 Masters | $185,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Morongo Valley
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Listed by: Betty Kerr, Century 21 Masters
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18153675
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW18153675
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