$293,000
●
House -
Off Market
30550 Sierra Del Sol
Thousand Palms, CA 92276
3 Beds
2 Baths
1,100 Ft²
$398,780
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
This is a beautiful property in Thousand Palms, California with
plenty of land to stretch your legs. The lot is 17,860 square feet.
Great for a self employed person who needs land for storing
equipment or parking an RV. The home boasts 3 bedrooms and 2
bathrooms with a cozy fireplace in the living room. The property is
fenced and has a security system with security cameras. This
home is located within driving distance to the Empire Polo Club,
home to the Coachella Valley Music and Arts Festival, and the
Stagecoach Festival; and the Indian Wells Tennis Garden, home to
the BNP Paribas Open. And easy access to the 1-10 Freeway. Welcome
home!
Unit Size
1,100 Ft²
Days on Market
103 days
Land Size
0.41 acres
Price per sqft
$268
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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Cap Rate Calculator
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Monthly Rental Income
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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: 4 months ago (CRMLS #219044064DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 16, 2020 | Sold | ||
| Sold | |||
| Jul 21, 2020 | In contract | - | |
| In contract | |||
| Jun 6, 2020 | Listed | $295,000 | |
| Listed | |||
| | |||
|
This is a beautiful property in Thousand Palms, California with plenty of land to stretch your legs. The lot is 17,860 square feet. Great for a self employed person who needs land for storing equipment or parking an RV. The home boasts 3 bedrooms and 2 bathrooms with a cozy fireplace in the living room. The property is fenced and has a security system with security cameras. This home is located within driving distance to the Empire Polo Club, home to the Coachella Valley Music and Arts Festival, and the Stagecoach Festival; and the Indian Wells Tennis Garden, home to the BNP Paribas Open. And easy access to the 1-10 Freeway. Welcome home! The manager has listed the unit size as 1100 square feet.
| |||
| May 2, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $295,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
|
This is a beautiful property in Thousand Palms, California with plenty of land to stretch your legs. The lot is 17,860 square feet. Great for a self employed person who needs land for storing equipment or parking an RV. The home boasts 3 bedrooms and 2 bathrooms with a cozy fireplace in the living room. The property is fenced and has a security system with security cameras. This home is located within driving distance to the Empire Polo Club, home to the Coachella Valley Music and Arts Festival, and the Stagecoach Festival; and the Indian Wells Tennis Garden, home to the BNP Paribas Open. And easy access to the 1-10 Freeway. Welcome home!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
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HOA + Taxes
About Shangri La Palms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Mark Wasserman, Berkshire Hathaway HomeServices California Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219044064DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219044064DA
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