1
Map
$254,000
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House -
Off Market
48805 Mockingbird Lane
Morongo Valley, CA 92256
3 Beds
2 Baths
1,518 Ft²
$345,174
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Home is move in ready. Upgraded with new flooring, smooth ceilings
and fresh paint. Updated ceiling fans and light fixtures
throughout. Flat panel TV mount installed in Living room and Nest
WI-FI connect programmable thermostat for Central Air and Heat.
Newer dishwasher and Patio glass sliding door. Spacious 3 bedroom 2
bath and open concept Kitchen. The Dining area with built in pet
door allows access to a large fenced rear yard with covered patio.
This corner lot with fruit and citrus trees has unobstructed
Mountain Views and plenty of room for entertaining and watching
sunrises and sunsets . An excellent location on a paved road and
minutes away from the 10 frwy and Palm Springs.
Unit Size
1,518 Ft²
Days on Market
44 days
Land Size
0.32 acres
Price per sqft
$166
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #20602806)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jul 10, 2020 | Listed by Bennion Deville Homes | $252,000 | |
| Listed by Bennion Deville Homes | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| May 15, 2018 | Listed | $242,000 | |
| Listed | |||
| | |||
|
BACK ON MARKET! All inspections and work completed. Home is move in ready. Spacious 3 bedroom home with Central air & heat. Corner lot with Unobstructed mountain views from rear yard. Low maintenance, completely fenced rear yard with citrus and fruit trees. Covered rear patio. House is on Paved street in Morongo Heights. The manager has listed the unit size as 1518 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Morongo Valley
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Listed by: Nancy Steinfeldt, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20602806
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20602806
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