Listed by: Carlos Ortega, C 21 Coachella Valley RE
$311,000
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House -
Off Market
2877 Gram Drive
Thermal, CA 92274
3 Beds
2 Baths
1,565 Ft²
$1,557
Est. Monthly
About This Property
Beautiful New Construction From the low $300K's, 3 bedroom 2 bath
1565 square foot affordable home. Great for the first time home
buyer. Vaulted ceilings, open floor plan, modern touches. Large lot
big enough for your toys and more. Come take a look!
Unit Size
1,565 Ft²
Days on Market
44 days
Land Size
0.21 acres
Price per sqft
$203
Property Type
House
Property Taxes
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Year Built
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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 #219104080DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Dec 13, 2023 | Listed by C 21 Coachella Valley RE | $317,000 | |
| Listed by C 21 Coachella Valley RE | |||
| Jul 12, 2019 | No longer available | - | |
| No longer available | |||
| Mar 30, 2019 | Listed | $25,000 | |
| Listed | |||
| | |||
|
ATTENTION INVESTORS - This may be perfect for that next investment. Seller owns 5 partially built home sites on the block and prefers to sell them as a Bulk Sale. CASH ONLY, No Hard Money Loan due to Condemnation Lien. Contact Agent for inquiries: LeAndra Shepherd 951-334-6298. Property Will be Sold AS-IS, Whereis, Without Warranty from Seller. The manager has listed the unit size as 1560 square feet.
| |||
Property Highlights
Air Conditioning
With View
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: Carlos Ortega, C 21 Coachella Valley RE
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219104080DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219104080DA
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