$340,000
●
House -
Off Market
1503 Nile Drive
Thermal, CA 92274
4 Beds
2 Baths
1,599 Ft²
$1,670
Est. Monthly
About This Property
Welcome to this great opportunity at 1503 Nile Drive in Thermal,
CA. This 4-bedroom, 2-bathroom home sits on a huge lot, offering
plenty of space for outdoor activities, storage, and future
possibilities.The home features fresh interior paint and brand-new
carpet, creating a clean and comfortable living space ready for its
next owner. The spacious lot includes additional storage in the
backyard, perfect for tools, recreational gear, or extra
equipment.Conveniently located near the main highway, this property
provides easy access while still offering plenty of room to spread
out. The large lot makes it a great option for off-road enthusiasts
looking for space to store toys, trailers, or vehicles.An added
bonus: the lot next door may also be available with the right
offer, presenting a unique opportunity for additional space or
future expansion.Ideal for first-time home buyers, investors, or
off-road enthusiasts looking for space, convenience, and value.
Unit Size
1,599 Ft²
Days on Market
56 days
Land Size
0.30 acres
Price per sqft
$213
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 6 months ago (CRMLS #219144313DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Listed by C 21 Coachella Valley RE | $340,000 | |
| Listed by C 21 Coachella Valley RE | |||
Property Highlights
Garage
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 Salton City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Carlos Ortega, C 21 Coachella Valley RE
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219144313DA
Last Updated: 6 months ago
Data Source: CRMLS, MLS# 219144313DA
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017