39041 Ocotillo Drive
About This Property
The spacious bedrooms have had the old closets removed, and new modern ones will be installed before closing.
Outside, you'll find a spacious 12,000+ square foot lot with a recently updated roof, an inviting enclosed patio perfect for outdoor relaxation, and a convenient 2-car garage. The property is zoned to accommodate an Accessory Dwelling Unit (ADU), adding even more potential to this already exceptional home. This residence seamlessly blends modern amenities with ultimate comfort. Don't miss out on this incredible opportunity!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 6, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Christie's Int. R.E SoCal | $499,000 | |
| Listed by Christie's Int. R.E SoCal | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palmdale
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,490 /mo
- 4 Beds
- 2 Baths
- 2,452 ft²
$3,800 /mo
- 4 Beds
- 3 Baths
- 2,740 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017