37707 Dixie Drive
About This Property
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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 |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Sep 9, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by Brad Korb Real Estate Group | $479,974 | |
| Listed by Brad Korb Real Estate Group | |||
| Mar 27, 2025 | Listed | $498,894 | |
| Listed | |||
| | |||
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Come check out this 3-bedroom, 2-bathroom Palmdale home with a sparkling pool on a spacious 7,000+ sqft lot. Only 1 of 7 3+ bedroom pool homes available in Palmdale under $500,000! Enjoy added privacy with no rear neighbors and a fantastic location. Recently painted, this home features a bonus loft with a wet bar, perfect for entertaining. Stay comfortable year-round with central heat and air. The property also includes RV parking on the side and a 2-car finished garage that could be used as a possible studio. Great location close to Lake Palmdale. A wonderful place to call home! Submit FHA and VA offers!
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| May 20, 2023 | No longer available | - | |
| No longer available | |||
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About Palmdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017