12
Map
$199,000
●
House -
In Contract
1506 Arctic Avenue
Thermal, CA 92274
2 Beds
2 Baths
1,216 Ft²
$987
Est. Monthly
$10
HOA / Fees
About This Property
Charming home with incredible potential! Whether you're a
first-time homebuyer, an investor, or looking for the perfect
second home to enjoy with family, this property checks all the
boxes. Situated on an impressive 11,000 sq ft lot, this home offers
room to grow, expand, or create the outdoor oasis of your
dreams.Inside, you'll find two bedrooms, two bathrooms, and a
spacious living and dining area ideal for comfortable living and
entertaining. The expansive backyard provides endless
possibilities.Located just 35 minutes from Coachella, this home
offers convenience, versatility, and long-term value.Don't wait,
opportunities like this don't last. Call today to schedule your
private showing. New garage door and garage door opener. New
remodeled bathrooms, new sliding door from the dining area to the
backyard. New floors, fresh paint and the popcorn ceilings
have been redone!!! Is move in ready, owner will install new
appliances before closing.!!!! owner is ready to sell. We
have first time home buyers programs, call to sell if you
qualify!!!!!!!!!!!!
Unit Size
1,216 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
$10
Year Built
1980
Listed By
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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 months ago (CRMLS #219149369DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$199,000
↓ $16K
(7.4%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by Re/Max Desert Properties | $215,000 | |
| Listed by Re/Max Desert Properties | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 2
Flooring Type: Carpet, Wood
Exterior Details
Square Footage: 1216
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1980
Levels: One
Lot Size Area: 11098
Lot Size Units: Square Feet
Lot Size Acres: 0.2548
Lot Size Square Feet: 11098
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Other, Unknown
Location Details
HOA/Condo/Coop Amenities: Meeting Room, Other
HOA Fee: $115
HOA Fee Frequency: Annually
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
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Listed by: Raquel Davalos, Re/Max Desert Properties
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219149369DA
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219149369DA
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