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156 Caravan Street — Palm Springs — 2 Beds • 1 Bath • 760 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

OPEN APR 19 · 11AM – 2PM

+4 more

$225,000

33 DOM

$296/sqft2 bd1 ba760 sqft

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156 Caravan St Palm Springs, CA 92264

Sahara Park, located just minutes from Downtown Palm Springs. A 2 Bedroom, 1 Bath Home with Great Mountain Views. No HOA, Rent Control and the lowest lot rents in South Palm Springs. A 55 plus community and small pet friendly. Clubhouse, library, gym, pottery studio, billards room amd lots of community activities each month. A beautiful heated pool & hot tub and the park and common areas are well maintained. New appliances and the bathroom remodeled with new flooring throughout the home. Potential to expand also.

MLS 26671015PS

760-969-1000 (Office) 760-218-5594 (Cell) stevekelley@kw.com

Est. payment

$1,438/mo

Principal & interestTaxesInsurance

$1,138$234$66

Down %

Rate %

Years

Down payment: $45,000 · Total cost: $454,580

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,438/mo

Principal & interest: $1,138
Est. property tax: $234
Est. insurance: $66
Down payment: $45,000

Est. gross rent$938/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-500/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 13, 2026	$245,000	—

Facts & Features

Transaction Data

▼Price Reduced from $245,000 (−$20,000)

Structure & Property

Year Built1957

760-969-1000 (Office) 760-218-5594 (Cell) stevekelley@kw.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

156 Caravan Street, Palm Springs, CA 92264

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Call

156 Caravan St Palm Springs, CA 92264

About this home

Stephen Kelley

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Stephen Kelley

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

156 Caravan Street, Palm Springs, CA 92264

About This Property

Property Photos

156 Caravan St Palm Springs, CA 92264

About this home

Stephen Kelley

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Stephen Kelley

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.