$375,000
●
House -
Off Market
40111 PALMETTO Drive
Palmdale, CA 93551
3 Beds
2 Baths,
1
Half Bath
2,019 Ft²
$604,373
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Great street in Rancho Vista area of West Palmdale; totally
rehabbed and fully landscaped house with new paint inside and out,
new tile flooring/carpet, quartz counter-tops, SS appliances, new
fixtures and hardware. Great exterior stone work and rear yard
patio cover. Three car garage.
Unit Size
2,019 Ft²
Days on Market
80 days
Land Size
0.18 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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: 4 months ago (CLAW #17242100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$579,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Aug 9, 2024 | Listed by eXp Realty of California Inc | $599,000 | |
| Listed by eXp Realty of California Inc | |||
| | |||
|
Welcome home. This absolutely charming 4-bedroom, 3-bathroom gem is nestled in the heart of West Palmdale. Step inside to discover bright and inviting formal living areas, leading to a cozy family room complete with a fireplace, seamlessly connected to the eat-in kitchen. The kitchen boasts a spacious breakfast bar and an abundance of cabinets, perfect for the home chef. The master suite features a generous walk-in closet, while the first floor is adorned with elegant tile flooring. Ascend the beautiful hardwood staircase to the second floor, where hardwood flooring continues throughout. With high ceilings, recessed lighting, private central air, and a spacious three-car garage, this home offers both comfort and style. Outside, enjoy a spacious backyard with a covered patio—ideal for relaxation and entertaining. The large backyard is securely fenced with block walls, providing privacy and peace of mind. Three car garage. Move-in ready and waiting for you to make it your own! Stop by and see it today
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palmdale
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Listed by: Lawrence Szabo, T.D. Properties, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17242100
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17242100
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