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0 Marina 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%.
How much can I actually make?
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 |
|---|---|---|---|
| Apr 18, 2025 | Listed by My Desert Realty, Inc. | $69,900 | |
| Listed by My Desert Realty, Inc. | |||
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Feb 6, 2025 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Listed | $45,000 | |
| Listed | |||
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Salton City, Ca. (Truckhaven Area) 14.4 ac M/L West on North Marina past where pavement ends. West side of Hwy 86. See map. APN 007-700-006-000. Lat 33.27376 Long-116.029016. Zoned R-1-L-5. with many possible potential uses. Build your dream spot in the desert. Close to surrounding desert cities of Brawley, El Centro, Coachella, Indio. Close to shopping, gas, Red Earth Casino, etc. Area know for its gorgeous winter weather. With year round and winter residence. Purchase while land is still affordable. Area growing increasing popular because of Lithium and geo thermal as well as agricultural & Cannabis. Area also very popular with weekend RV 'ers. Purchase now while California Land prices are still affordable by the Salton Sea. All information deemed reliable buyer to do their own investigations to satisfy themselves. Sold 'As-Is' seller and/or agent make no warranties.
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| Oct 10, 2024 | Relisted | $28,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017