$460,000
●
House -
Off Market
85265 54th Avenue
Thermal, CA 92274
3 Beds
2 Baths
1,569 Ft²
$713,576
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Single family home, packing facility, refrigeration and date farm.
Enter through the electric front gate to the vast cemented
driveway, carport and loading area, large enough for all types of
commercial vehicles. Packing facility offers: 1,500 sq. ft. shed,
graded floors, insulated walls/roof, plumbing, water heater,
electricity, restroom, 500 sq. ft refrigerator and dehumidifying
system. This property also includes a single-family residence which
offers three bedrooms, two baths and almost 1569 sq. ft. The
kitchen has been recently remodeled with solid high gloss cabinets,
granite counters, commercial faucet and stainless-steal appliances.
Living room features include media shelf, built-in book shelves,
in-wall wiring and wood burning corner fireplace. The master suite
includes stained concrete floors, updated window blinds and custom
lighting. Enjoy the remodeled master bath with updated electrical,
lighting, plumbing, custom shower enclosure, and walk-in closet
with ample storage.
Unit Size
1,569 Ft²
Days on Market
642 days
Land Size
0.87 acres
Price per sqft
$318
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #218018206DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 24, 2020 | Sold | ||
| Sold | |||
| Jun 18, 2018 | Listed by RE/MAX Consultants | $499,000 | |
| Listed by RE/MAX Consultants | |||
Property Highlights
Parking Available
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 Riverside
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Listed by: Kristopher Maddock, RE/MAX Consultants
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218018206DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 218018206DA
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