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Welcome to this beautifully updated property situated on an oversized, fully fenced lot in the heart of Palm Springs. This unique opportunity features a 2 bed / 2 bath main residence on the right side and a separate efficiency unit on the left, offering excellent flexibility for rental income, or guest space. The property has been fully remodeled and includes recent upgrades to the roof, A/C system, and water heater, giving buyers peace of mind and reducing future maintenance concerns. Enjoy spacious fenced yard with plenty of room for parking, pets, or future additions. Separate entrances for added privacy. Updated finishes throughout, Strong rental income potential. Located just minutes from shopping, dining, schools, and major highways, this home combines convenience, flexibility. and long-term value. Whether you're an investor or an owner-occupant looking to offset your mortgage, this property checks all the boxes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$469,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $375,200 | $375,200 | $375,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.168% | 5.561% |
| Monthly Tax Payment | $753 | $753 | $753 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,160 | $2,247 | $3,016 |
| Total Monthly Payment | $2,988 | $3,075 | $3,844 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.