30155 Via Las Palmas
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2023 | No longer available | - | |
| No longer available | |||
| Mar 23, 2023 | In contract | - | |
| In contract | |||
| Mar 16, 2023 | Price Decreased |
$1,089,000
↓ $161K
(12.9%) | |
| Price Decreased | |||
| Mar 10, 2023 | Listed by HomeSmart Professionals | $1,250,000 | |
| Listed by HomeSmart Professionals | |||
| | |||
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Rare home on 2.8 ACRES off coveted Via Las Palmas, in Thousand Palms. Full remodel JUST completed ! No expense spared: brand new high end chef's kitchen, modern tile floor, contemporary bathrooms. This custom estate has 3 bedrooms, 2 bathrooms, 2 car garage plus RV parking with full hook ups. The grounds are expansive and entertaining with new pebble tech pool and spa and 180 magnificent mountain views. This equisterian property is fully equipped with top notch, new equipment to board and ride horses including multiple stalls, 3 arenas and one larger arena that enables you to ride and train on your property. You would never need to leave! There is plenty of space to build a tennis court or add another guest house! Property is fully fenced and has 2 new electric gates: one for the house and one for the stable so you always have privacy. No HOA. IID is the electric company and offers significant savings compared to others. Thousand Palms is a unincorporated area of Riverside County that allows short term rentals, buyer to do their due diligence. Minutes from Acrisure arena and Palm Desert. Live amongst the riders, the trails, the trainers, million dollar homes yet minutes from the city life. Furniture can be sold outside of escrow. The manager has listed the unit size as 1723 square feet.
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| Nov 10, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017