$499,995
●
House -
Off Market
835 Palm Avenue
Beaumont, CA 92223
3 Beds
2 Baths
1,344 Ft²
$2,456
Est. Monthly
About This Property
Gorgeous 3 bedroom, 2 bath renowned Palm Ave. home on almost 1/4
acre lot! Ideally located near downtown, schools, summer concerts
and 4th of July fireworks show!! Well maintained home which shows
pride of ownership. Kitchen has butcher block counter tops and
beautiful back-splash in the kitchen and boasts lots of
cabinet/storage space. Windows have all been updated with dual pane
glass. The original oak floors have been refinished and runs
throughout the home. Well insulated home with many upgrades
including designer ceiling fans, can lights. The large large
backyard is perfect for entertaining with two patio pergolas, fruit
trees, and plenty of room for events or even an ADU. The property
also has a wide 2 car driveway and 2 car detached garage & RV
parking!! No HOA and low tax are, too! Just a short walk to all the
events the city puts on!! Also close to schools, parks and shops.
Don't miss this one!!
Unit Size
1,344 Ft²
Days on Market
106 days
Land Size
0.21 acres
Price per sqft
$372
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #IG24224975)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by TEAM Q REALTY | $499,995 | |
| Listed by TEAM Q REALTY | |||
Property Highlights
Parking Available
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 Beaumont
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Listed by: BRYAN QUAN, TEAM Q REALTY
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24224975
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG24224975
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