Listed by: Leo Sonny Schultz, Salton City Realty
$182,900
●
House -
Off Market
1358 Indian Ocean Avenue
Thermal, CA 92274
3 Beds
2 Baths
1,406 Ft²
$242,433
RealtyHop Estimate
32.55%
Since Dec 1, 2020
National-US
Primary Model
About This Property
Great Sante Fe style house with 3 bedrooms and 2 bathrooms, tile
floors, fireplace, granite counters, 2 pantries and high ceilings.
This house has great views of the lake and mountains. This house is
like a model house. It is a must see!!
Unit Size
1,406 Ft²
Days on Market
44 days
Land Size
0.22 acres
Price per sqft
$130
Property Type
House
Property Taxes
-
HOA Dues
-
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: 3 years ago (CRMLS #219050547DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 13, 2020 | Sold | ||
| Sold | |||
| Sep 30, 2020 | Listed by Salton City Realty | $182,900 | |
| Listed by Salton City Realty | |||
| Jan 27, 2020 | No longer available | - | |
| No longer available | |||
| Dec 6, 2019 | Price Decreased |
$179,000
↓ $10K
(5.3%) | |
| Price Decreased | |||
| Oct 31, 2019 | Listed | $189,000 | |
| Listed | |||
| | |||
|
Lovely 3 Bedroom 2 Bath home featuring an open floor plan, nice vaulted ceilings, a beautiful fireplace, gorgeous tile flooring, and granite counters in kitchen and bathrooms. Plus an attached 2-car garage with direct access. Large backyard with wood fence and great views. Home shows like a model home and may be sold furnished. The manager has listed the unit size as 1408 square feet.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Salton City
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Listed by: Leo Sonny Schultz, Salton City Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219050547DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219050547DA
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