Listed by: Jesus Martinez, Excellence RE SoCal Properties
$275,000
●
House -
Off Market
1230 Penelope Avenue
Thermal, CA 92274
4 Beds
2 Baths
1,750 Ft²
$303,376
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Great single-story home with newer interior paint and nice curb
appeal featuring drought tolerant landscaping. Walk into the home
where you are welcomed by the living room with a vaulted ceiling
and a fireplace that connects to the dining area and country
kitchen. The open kitchen features plenty of cabinets for storage,
overlooks the eating area. The spacious master bedroom offers a
vaulted ceiling, sliding doors that lead to the backyard, walk-in
closet, and full master bathroom with a tub. 3 additional
good-sized bedrooms, a full hall bathroom, and an individual
laundry room complete the home. In the backyard you will find a
large gazebo and side yard with shed. 2-car attached garage with
direct access to the home. Potential RV Parking thru the back area.
Don't wait! Make this house your home!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
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 #)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2022 | Sold | ||
| Sold | |||
| Apr 5, 2022 | Listed by Excellence RE SoCal Properties | $299,900 | |
| Listed by Excellence RE SoCal Properties | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Salton City
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Listed by: Jesus Martinez, Excellence RE SoCal Properties
Last Updated: 3 years ago
Data Source: CRMLS
Last Updated: 3 years ago
Data Source: CRMLS
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