9239 Palm Canyon Drive
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 28, 2023 | No longer available | - | |
| No longer available | |||
| May 22, 2023 | In contract | - | |
| In contract | |||
| May 9, 2023 | Listed by Coleman Group Real Estate | $632,000 | |
| Listed by Coleman Group Real Estate | |||
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Beautifully updated and move-in ready, this is a 3 Bedroom, 2 ½ bathroom home located in the California Meadows community of Temescal Valley. Great curb appeal with water-wise and low-maintenance landscaping, all on drip irrigation. With cathedral ceilings in living and dining areas and lots of windows, the rooms are flooded with natural light to give the open, spacious feeling. This kitchen has been updated and features newer flooring, appliances, and cabinets. Don't miss the extra storage below the stairs and the updated powder room. A slider off the dining area leads to a covered patio and generous back yard with views of the Cleveland National Forest. You'll love getting fresh produce from the orange, lime, lemon and grapefruit trees. And there’s plenty of room for relaxing, enjoy a BBQ, or kids and pets to play. An open staircase leads to the bedrooms, full guest bath, and a primary suite. Both the guest bath and primary suite have been updated with newer faucets, light fixtures, and flooring. The primary bedroom has a vaulted ceiling and easily accommodates a king-sized bed. And the best part, the deck off the primary bedroom gives you the perfect retreat to relax and enjoy the views. Just to the east is Spanish Hills, filled with poppies during the spring "super" bloom. Award-winning Temescal Valley Elementary School and the community parks are just down the street and around the corner. Other local attractions include Tom's Farm, Glen Ivy Hot Springs Spa, and Trilogy Golf Course. Shopping, dining and entertainment are close by at The Shoppes at Sycamore Creek, Dos Lagos and The Crossings. Enjoy affordable living with a solar system featuring 17 panels, loan payments @ approximately 97/mo to be assumed by Buyer. Low taxes with special assessments at just @ $564/year and NO Mello Roos. HOA dues are $80/month. And if you love being in nature, there's Deleo Regional Park and hiking trails nearby too. Call Kelly at 951-660-5926 to schedule your private tour. The manager has listed the unit size as 1418 square feet.
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| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jun 8, 2017 | Listed by Re/Max All Stars Realty-Corona | $409,990 | |
| Listed by Re/Max All Stars Realty-Corona | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017