Listed by: Mark Wasserman, Berkshire Hathaway HomeServices California Properties
$260,000
●
House -
Off Market
31380 Sierra Del Sol
Thousand Palms, CA 92276
3 Beds
2 Baths
1,092 Ft²
$337,628
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Welcome Home! This is a cozy home located on a large lot in
Thousand Palms, California. The house has three bedrooms and two
bathrooms with Laminate flooring throughout. The kitchen has been
remodeled with granite countertops, stainless stove/oven and
dishwasher. The front yard is completely fenced in and the backyard
is large with ample room for RV parking for a 40 foot motorhome and
there is a 30/50 amp electrical outlet. This home is perfect for
anyone needing additional space for cars or work trucks. The home
is located close to the I-10 Freeway and within driving distance to
shops and dining. Welcome home!
Unit Size
1,092 Ft²
Days on Market
40 days
Land Size
0.18 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 2 years ago (CRMLS #219054110DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2021 | Sold | ||
| Sold | |||
| Dec 4, 2020 | Listed by Berkshire Hathaway HomeServices California Properties | $260,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Shangri La Palms
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Listed by: Mark Wasserman, Berkshire Hathaway HomeServices California Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219054110DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 219054110DA
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