Listed by: Leo Sonny Schultz, Salton City Realty
$135,000
●
Mobile Manufactured -
Off Market
2583 Sorrel Avenue
Salton City, CA 92274
2 Beds
2 Baths
1,440 Ft²
$160,107
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
Great 2 bedroom 2 bath manufactured home with 2 sheds on 2 lots.
This house as central air, carpet flooring, lots of cabinet space.
2 carports and both lots are fenced with chain link fence. The
house is on a corner lot right off North Marina Drive.
Unit Size
1,440 Ft²
Days on Market
53 days
Land Size
0.47 acres
Price per sqft
$97
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #219064151DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2021 | Sold | ||
| Sold | |||
| Jun 29, 2021 | Listed by Salton City Realty | $139,900 | |
| Listed by Salton City Realty | |||
| | |||
|
Great 2 bedroom 2 bath manufactured home with 2 sheds on 2 lots. This house as central air, carpet flooring, lots of cabinet space. 2 carports and both lots are fenced with chain link fence. The house is on a corner lot right off North Marina Drive. The manager has listed the unit size as 1440 square feet.
| |||
| Jun 9, 2021 | Listed by Salton City Realty | $139,900 | |
| Listed by Salton City Realty | |||
Property Highlights
Air Conditioning
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# 219064151DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219064151DA
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