Listed by: Sylvia Gaffney, Desert Sands Realty
$260,000
●
House -
Off Market
32300 Shadow Mountain Lane
Thousand Palms, CA 92276
3 Beds
2 Baths
1,581 Ft²
$286,925
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Amazing mid-century 'HUD Home' opportunity with large rear covered
patio and pool! This spacious corner lot has a gated driveway
leading to an enclosed garage, in addition to two carports and
ample RV parking. The home's architectural design boasts over
10-foot ceilings in the entryway and living room in addition to a
dual fireplace that is shared with the rear family room, as are the
exposed ceiling beams. This property has incredible
potential. Call to schedule a tour today!
Unit Size
1,581 Ft²
Days on Market
116 days
Land Size
0.37 acres
Price per sqft
$171
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #219085489DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2025 | Listed | $689,000 | |
| Listed | |||
| | |||
|
Discover this fantastic mid-century home on a spacious corner lot with a large, covered rear patio and sparkling pool - perfect for enjoying the California sunshine! Enjoy the convenience of a gated driveway leading to a covered carport, plus generous RV parking. Inside, you'll find impressive architectural details like soaring 10+ foot ceilings in the entryway and living room and a unique dual fireplace connecting to the cozy family room, showcasing exposed ceiling beams. The home features stylish wood-like tile flooring, a well-appointed kitchen with granite countertops, a large walk-in pantry, and ceiling fans in every bedroom. The backyard is an entertainer's dream, offering a refreshing pool and a covered patio ideal for summer gatherings. This property is perfect for Airbnb! Located just a short drive from the arena, casino, polo grounds (home of the Coachella Music Fest & Stagecoach), various shopping and dining options, and only minutes from downtown Palm Springs, this is a must-see!
| |||
| Jan 31, 2023 | Sold | ||
| Sold | |||
| Oct 7, 2022 | Listed by Desert Sands Realty | $271,040 | |
| Listed by Desert Sands Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
Sold On
HOA + Taxes
About Hidden Springs
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Listed by: Sylvia Gaffney, Desert Sands Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219085489DA
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219085489DA
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