$214,000
●
House -
Off Market
1349 Malat Avenue
Thermal, CA 92274
4 Beds
2 Baths
1,504 Ft²
$331,781
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model
About This Property
Paradise Found at this Salton Sea Sanctuary. Gorgeous, customized 3
or 4 bedroom 2007-built home on 2 parcels with no expense spared in
Vista Del Mar Estates. Marble and granite flooring in all common
areas, brand new carpeting in the bedrooms, designer mosaic tile in
both bathrooms, granite kitchen counter tops, higher-end stainless
steel appliances, water softener, 6 custom sliders and French
doors, plantation shutters throughout, lofted ceiling, both the
living room, dining room and all 4 bedrooms have direct access onto
the estates' grounds consisting of 11 gazebos, 4 arbors, 3 fire pit
seating areas (one sunken), a private 225 sf lawn chess area,
putting green, bocce ball and petanque court, lawn bowling and
badminton green, 2 RV parking options, gated circular driveway,
large circular fountain, roughly half an acre of maintenance-free
desert landscape with plush synthetic lawn, and several hundred
designer plants and trees all on irrigation and, private Jacuzzi.
Unit Size
1,504 Ft²
Days on Market
142 days
Land Size
0.42 acres
Price per sqft
$150
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2006
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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 #218034586DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2019 | Sold | ||
| Sold | |||
| Dec 11, 2018 | Listed by Fathom Realty Group Inc. | $224,900 | |
| Listed by Fathom Realty Group Inc. | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Salton City
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Listed by: Wilder Perez, Fathom Realty Group Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218034586DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218034586DA
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