$625,000
●
House -
Off Market
73155 Del Norte Way
Thousand Palms, CA 92276
4 Beds
5 Baths
3,739 Ft²
$1,039,605
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Drastic price ReDuCtIon! !Seller very motivated.! This Fantastic
Hacienda Home sitting on 10 Acres is waiting For You!Don't miss out
this great opportunity!Home surrounded by an Oasis of Palms. Main
house offers 3 bedrooms 4 baths (Each bedroom has its own private
bath) 18'to 20' ceilings heights,massive window's ,sky
light,Granite counter tops,huge wet bar,huge Great room,large
Master Suite with huge Master Bathroom. Casita is 496 sf one
bedroom one bath, Detached 3 Car Garage and so much more, !You need
to See It!You can build your own private Golf course, a Ranch or
Sub-Divide it for Investment
Unit Size
3,739 Ft²
Days on Market
103 days
Land Size
10.00 acres
Price per sqft
$186
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
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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 (CRMLS #218034736DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 8, 2024 | No longer available | - | |
| No longer available | |||
| Jan 1, 2023 | Listed by Pacific Sotheby's Int'l Realty | $1,600,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
PLEASE READ - This parcel is in process to create a 20-22 lot single family subdivision. Attached is the proposed layout which is subject to change pending direction from the city/count. The main home will not be included in the sale and will be subdivided separately. As shown in the TTM the access road will be located at the Del Norte Way which will include a land area for the road and lots. The total amount of land for this subdivision will be 6-7 acres pending what is required for the map. All studies for utilities is underway and will have more definitive information as the map is processed. All utilities are contiguous or in very close proximity to the property. I am posting this project now so we can contract prior to the approval of the map as the buyer/developer may want to include some input to the design/approvals. Since certain development types require special approvals we welcome to contract with the buyer/developer now so they can include their building plans. The close of this escrow will be based upon the approval of the Tentative Tract Map. Terms of the escrow terms can be negotiated, so if you have a buyer/developer we can create terms the work for everyone. Again, this subdivision is in process and has not been approved yet, we are offering it now to allow the buyer/developer the opportunity to include their desired design/project. Please call me directly, Paul Magana 442-283-4886
| |||
| Mar 25, 2019 | Sold | ||
| Sold | |||
| Dec 12, 2018 | Listed by Real Estate Connection | $695,000 | |
| Listed by Real Estate Connection | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Thousand Palms
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Listed by: Manuel Fernandez, Real Estate Connection
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218034736DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218034736DA
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