35197 Sunshine Drive
About This Property
The master ensuite is a true retreat, offering an oval soaking tub paired with a cozy fireplace and TV for ultimate relaxation. The ensuite also includes a compartmentalized shower, ceiling fans, built-in shelving, and a mirrored wardrobe. The second bedroom is comfortably sized, complete with a ceiling fan and a TV mount.
A fully remodeled hall bath features a walk-in shower with a custom tile surround and glass enclosure. For added convenience, a laundry closet is equipped with a stackable washer and dryer.
Outside, a slider opens to a covered patio with sunshades, perfect for relaxing. The backyard is low-maintenance, and the garage has dual openings, making it ideal for storing lawn equipment or even a golf cart. Central air conditioning with a smart nest thermostat too! This affordable home located in a well-maintained, guard-gated community, is not only charming but so convenient and budget-friendly. Don't miss your opportunity. See it today
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | Listed by Berkshire Hathaway HomeServices California Realty | $299,900 | |
| Listed by Berkshire Hathaway HomeServices California Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 1, 2021 | In contract | - | |
| In contract | |||
| Mar 13, 2021 | Listed | $269,900 | |
| Listed | |||
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This beautifully remodeled, two bedroom, two bath home features a spacious kitchen with slab granite countertops, lots of storage with plenty of pull outs, gorgeous tile floors and a fabulous stone fireplace. Great master bath with a free standing jacuzzi tub and a cozy electric fireplace. Newer electrical panel, newer HVAC and water heater. All this and much much more, situated on a corner lot in popular Ivey Ranch, guard gated 55+ community complete with golf, tennis, clubhouse, gyms, pools and spas with low HOA dues of $250 per month. Hurry this fabulous home won't last. The manager has listed the unit size as 1488 square feet.
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About Thousand Palms
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017