$535,000
●
House -
Off Market
38428 Siamese Lane
Palmdale, CA 93551
3 Beds
2 Baths
1,541 Ft²
$2,728
Est. Monthly
$125
HOA / Fees
6.05%
Cap Rate
About This Property
This beautiful property qualifies for a $50k grant program, that is
fully forgiven at time of closing with easy qualifying! Nestled
close to a serene hillside and conveniently located near the 14
freeway is 38428 Siamese Lane! This well-appointed single story
home has beautiful upgrades throughout and a large backyard
complete with artificial turf! The home fills with tons of natural
light and has a large open concept kitchen/living room area. The
kitchen has plenty of cabinetry space and is finished with gorgeous
quartz counter tops. Each of the three bedrooms are great sized and
both bathrooms are tastefully designed with rustic modern details.
The backyard is an entertainer's dream as it has low maintenance
landscaping and a patio cover ready for you to sit back and relax!
Low HOA and low taxes!
Unit Size
1,541 Ft²
Days on Market
44 days
Land Size
0.18 acres
Price per sqft
$344
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
2008
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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 #IV25049237)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | Listed by EXP REALTY OF SOUTHERN CALIFORNIA INC. | $530,000 | |
| Listed by EXP REALTY OF SOUTHERN CALIFORNIA INC. | |||
Property Highlights
Garage
Air Conditioning
With View
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
Sold On
HOA + Taxes
About Palmdale
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Listed by: JESSICA BOSCH, EXP REALTY OF SOUTHERN CALIFORNIA INC.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25049237
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IV25049237
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