$640,000
↓ $40K (6.3%)
●
House -
Off Market
40514 Pinnacle Way
Palmdale, CA 93551
4 Beds
3 Baths
2,497 Ft²
$2,947
Est. Monthly
About This Property
Beautifully updated 4 bedroom, 3 bathroom Palmdale home in the
highly desirable Rancho Vista area! This nearly 2,500 sqft home
features modern upgrades throughout, including new flooring,
contemporary interior paint, stylish lighting, and updated
fixtures. The kitchen is perfect for entertaining, with a center
island and granite countertops. The family room offers a cozy
fireplace, and the 4th bedroom is currently set up as a gym,
offering flexibility to suit your needs. The spacious primary suite
boasts a walk-in closet and a stunning ensuite bathroom with an
extra-large walk-in shower and modern glass and tile finishes. The
home also includes central heat and air, a 2-car attached garage,
and a charming front patio overlooking the low-maintenance backyard
with artificial putting golf turf with hardscape throughout. A
one-of-a-kind gem, perfect for modern living!
Unit Size
2,497 Ft²
Days on Market
43 days
Land Size
0.17 acres
Price per sqft
$240
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: 2 years ago (CRMLS #BB24187840)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Price Decreased |
$599,995
↓ $40K
(6.3%) | |
| Price Decreased | |||
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Increased |
$649,946
↑ $50K
(8.3%) | |
| 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
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Listed by: Bradley Korb, Brad Korb Real Estate Group
Last Updated: 2 years ago
Data Source: CRMLS, MLS# BB24187840
Last Updated: 2 years ago
Data Source: CRMLS, MLS# BB24187840
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