$569,500
●
House -
Off Market
38600 Laurie Lane
Palmdale, CA 93551
3 Beds
3 Baths
2,344 Ft²
$2,982
Est. Monthly
$60
HOA / Fees
6.93%
Cap Rate
About This Property
Beautiful Palmdale Pool Home Located on Private 11,300+ Square Foot
Lot!! This Great 2 Story, 3 Bedroom, 2 and 1/2 Bathroom, Executive
Property, is in a great location at the top of the hill with no
neighbors on one side. This amazing home features a spacious 2,344
square foot of interior living space, a large master suite with
walk-in closet, master bath with dual sinks, large soaking tub, and
separate shower. Additional amenities include a huge eat-in kitchen
with an island, lots of cabinet space, pantry, and custom tile
floors, a large loft at the top of the stairs, separate interior
laundry room, a swept driveway, 2 car attached garage, a solar
energy system, a sparkling pool, and much, much more! Located close
to shopping, schools, and the I-14 freeway this property must be
seen to be appreciated. Property does need some work, and condition
is reflected in the price.
Unit Size
2,344 Ft²
Days on Market
281 days
Land Size
0.26 acres
Price per sqft
$254
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
2000
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Cap Rate Calculator
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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 #SR24234005)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | Price Increased |
$595,000
↑ $10K
(1.7%) | |
| Price Increased | |||
| Apr 29, 2025 | Price Decreased |
$585,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Price Increased |
$595,000
↑ $45K
(8.2%) | |
| Price Increased | |||
Show More
Property Highlights
Garage
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Richard Szerman, Radius Agent Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24234005
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SR24234005
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