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22840 Sterling 87 — Palm Springs — 3 Beds • 2 Baths • 1,140 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+18 more

$125,000

5 DOM

$110/sqft3 bd2 ba1,140 sqft

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22840 Sterling 87 Palm Springs, CA 92262

Enjoy beautiful mountain views from this GORGEOUS 3-bedroom, 2-bath home located in Unit #87 in Sun Canyon Estates in North Palm Springs. This WONDERFUL home features an OPEN floor plan along with an Island Kitchen, Spacious Living Room, and well designed layout! Plenty of natural light in the home. There's a good size backyard and open slab patio PLUS an attached 1 car garage! Sun Canyon Estates offers a Clubhouse, Community Pool and Spa, game and pool-table room, children's playground, and a pet-friendly environment. This development is conveniently located near shopping, dining, golf courses, and everything Palm Springs has to offer! Space rent for a new owner is anticipated to be approximately $950/month. Buyer to verify the space rent and lease terms directly with park management.

MLS TR26076245

909-967-4525 (Office) 909-967-4525 (Cell) GRiveraEmail@gmail.com

Est. payment

$798/mo

Principal & interestTaxesInsurance

$632$130$36

Down %

Rate %

Years

Down payment: $25,000 · Total cost: $252,544

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$798/mo

Principal & interest: $632
Est. property tax: $130
Est. insurance: $36
Down payment: $25,000

Est. gross rent$521/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)$-277/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	Apr 8, 2026	$135,000	—

Facts & Features

Transaction Data

▼Price Reduced from $135,000 (−$10,000)

Structure & Property

Year Built2004

909-967-4525 (Office) 909-967-4525 (Cell) GRiveraEmail@gmail.com

Sale & Tax History

No Recent Sales History

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

Location

22840 Sterling 87, Palm Springs, CA 92262

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Call

22840 Sterling 87 Palm Springs, CA 92262

About this home

Gilbert Rivera

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Gilbert Rivera

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

22840 Sterling 87, Palm Springs, CA 92262

About This Property

Property Photos

22840 Sterling 87 Palm Springs, CA 92262

About this home

Gilbert Rivera

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Gilbert Rivera

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.