Listed by: Ruben Magana, Ruben Magana Jr, Broker
$156,000
●
House -
Off Market
1238 Indian Ocean Avenue
Thermal, CA 92274
4 Beds
2 Baths
1,640 Ft²
$202,577
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
Unit Size
1,640 Ft²
Days on Market
70 days
Land Size
0.22 acres
Price per sqft
$95
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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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 #219053371DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2020 | Listed by Ruben Magana Jr, Broker | $156,000 | |
| Listed by Ruben Magana Jr, Broker | |||
| Jan 3, 2019 | No longer available | - | |
| No longer available | |||
| Oct 14, 2018 | Price Decreased |
$197,000
↓ $3K
(1.5%) | |
| Price Decreased | |||
| Aug 14, 2018 | Listed | $200,000 | |
| Listed | |||
| | |||
|
Here is the house that you have been searching for! Pride of ownership is evident in this super clean, very pampered home! Distinguished in the neighborhood by its emerald green lawn, a true luxury, and welcoming you to enter is the front covered patio. As you enter you will find yourself in the open concept living and dining great room, with the kitchen towards the back. From the great room leads a hallway, where you will find the guest bath and the laundry closet. And from here, another hallway, with the master suite to the right, and the other bedrooms towards your left, with the garage access at the end. All this in tile floor and carpet bedrooms. Come take a look at this fantastic property in person, make your appointment! Don't delay, call today! The manager has listed the unit size as 1640 square feet.
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Property Highlights
Air Conditioning
With View
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Salton City
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Listed by: Ruben Magana, Ruben Magana Jr, Broker
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219053371DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219053371DA
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