For SaleRisky Deal41 days on market
40054 Ridgemist St
40054 Ridgemist St, Palmdale, CA 93591, Palmdale, CA 93591
$399,999
Estimate®:$399,000
Listing Price
40054 Ridgemist St, Palmdale, CA 93591
Loc: Palmdale, CA
Days Listed
41
Tax Assessed
$51k
Estimate®
$399k
Market Rate
Lot Size
0.51 acres
Rent Estimate
$2,747/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
N/A
Vista San Gabriel Elementary School
K-2
0.6 mi away
1
Challenger Middle School
6-8
2.2 mi away
3
Littlerock High School
9-12
7.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storystucco exteriorattached garagedesert landscapebare treesasphalt drivewayminimalistsuburbanmountain viewscreen doorranch home
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.65%
Total ROI
81.7%
Cash Flow
$-192/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-192/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Palmdale
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-15 | Listed for sale | $399,999 | $289 |
| 2026-08-11 | Listing removed | $399,999 | $289 |
| 2026-07-25 | Price change | $399,999 | $289 |
| 2026-06-10 | Listed for sale | $413,900 | $299 |
| 2026-05-29 | Pending sale | $413,900 | $299 |
| 2026-03-12 | Price change | $413,900 | $299 |
| 2026-01-08 | Listed for sale | $424,900 | $307 |
| 2025-11-17 | Listing removed | $2,800 | $2 |
| 2025-10-20 | Listed for rent | $2,800 | $2 |
| 2017-12-31 | Listing removed | $1,300 | $1 |
| 2017-11-22 | Listed for rent | $1,300 | $1 |
| 2009-04-03 | Sold | $37,000 | $27 |
| 2008-12-01 | Sold | $80,750 | $58 |
| 2006-06-26 | Sold | $259,000 | $187 |
| 1998-03-20 | Sold | $28,181 | $20 |
| 1997-11-24 | Sold | $41,188 | $30 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $50,553 |
| 2025 | $933.2 | $49,562 |
| 2024 | $833.6 | $48,591 |
| 2023 | $823.36 | $47,639 |
| 2022 | $811.57 | $46,706 |
| 2021 | $790.76 | $45,791 |
| 2020 | $775.08 | $45,323 |
| 2019 | $775.08 | $44,435 |
| 2018 | $750.91 | $43,564 |
| 2017 | $750.91 | $42,711 |
| 2016 | $739.46 | $41,874 |
| 2015 | $700.67 | $41,246 |
| 2014 | $703.7 | $40,439 |
| 2012 | $0 | $39,469 |
| 2011 | $0 | $38,696 |
| 2010 | $0 | $38,408 |
| 2009 | $0 | $54,300 |
| 2008 | $0 | $232,000 |
| 2007 | $0 | $264,690 |
| 2006 | $0 | $46,730 |
| 2005 | $0 | $46,730 |
| 2004 | $0 | $44,918 |
| 2003 | $0 | $44,096 |
| 2002 | $0 | $43,232 |
| 2000 | $0 | $41,555 |
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