28820 Avenida Marquesa
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 16, 2021 | Sold | ||
| Sold | |||
| Jul 11, 2021 | Listed by RE/MAX Desert Properties | $399,999 | |
| Listed by RE/MAX Desert Properties | |||
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A great opportunity for someone who can do improvements. Partially completed remodel. Home is still in livable condition. New tile throughout. Some repainting done. Some floorboards done. Sold in AS IS condition. Should qualify for FHA financing, Buyer to verify. Solar system has a cost of about $100 a month. Paid water softener system. Newer AC. Pool needs work. With pool fixed home should qualify for FHA. Buyer to verify. Will discuss with offer.
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| Oct 23, 2018 | Sold | ||
| Sold | |||
| Aug 2, 2018 | Listed by Keller Williams Realty | $295,000 | |
| Listed by Keller Williams Realty | |||
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Looking for a reasonably priced home with a pool and spa in Cathedral City? This quaint 1362 sq ft, 2 BD/2BA home plus a den/office is waiting for you. Enjoy the open floor plan with vaulted ceilings. Features include a kitchen w/ breakfast bar & dining area, stainless steel appliances, entry skylight, gas fireplace, tiled floors & carpeted bedrooms. The home is equipped with a tankless water heater. Laundry facilities for a 220 or natural gas are in the attached two car garage. The solar system is all paid for. It is wired for an alarm system. The water filtration system is also included. It is conveniently located near shopping, schools, & services with no HOA dues or Mello Roos.
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017