Listed by: Julio Axel Alatriste, I Heart Real Estate, Inc.
$360,000
↓ $10K (2%)
●
House -
Off Market
31765 Neuma Drive
Cathedral City, CA 92234
3 Beds
2 Baths
1,092 Ft²
$364,173
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
72 hour sale!! Look no further with this 3 Bedroom 2 Bathroom home
large 7,405 sqft lot! This desirably located Cathedral City home,
is centrally located, close to great schools and shopping. Handyman
special, home needs TLC and up-dating is necessary. Home has very
good bones and will be a delight to the future owners/investors.
Please schedule a showing appointment today because tomorrow maybe
too late! Welcome home!
Unit Size
1,092 Ft²
Days on Market
66 days
Land Size
0.17 acres
Price per sqft
$330
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (CRMLS #219077708PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2025 | Price Decreased |
$489,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Apr 17, 2025 | Listed | $499,000 | |
| Listed | |||
| | |||
|
This gorgeous mid-century pool home perfectly blends classic charm with modern upgrades. Located in Cathedral City near the Palm Springs airport and just minutes from the 10 freeway, it offers both style and convenience. Step inside to find an inviting, light-filled layout featuring quartz countertops, stainless steel appliances, recessed lighting, and stylish designer paint and fixtures. The spacious family room is enhanced by natural light and new ceiling fans, creating a warm, comfortable atmosphere. Outside, the expansive backyard is a true highlight complete with a sparkling pool, mature landscaping, and ample space to relax, entertain, or enjoy quiet desert evenings. A beautifully updated home with timeless character and room to roam, don't miss this one!
| |||
| Oct 30, 2022 | No longer available | - | |
| No longer available | |||
| Sep 24, 2022 | In contract | - | |
| In contract | |||
| Sep 13, 2022 | Listed by RE/MAX TIME REALTY | $449,900 | |
| Listed by RE/MAX TIME REALTY | |||
| | |||
|
Gorgeous One Story POOL Home in the city of Cathedral City with an amazing floor plan!!... This Home has had some upgrades done. NEW laminate floor throughout the home and NEW carpets in the Bedrooms.. NEW kitchen Cabinet with NEW Quartz countertops with all NEW stainless-steel appliances, sink, and recessed lighting. This Home has a family room with natural light .. . And New interior and light exterior paint...NEW Ceiling Fans.. That's not all...... This Home has a huge backyard with Beautiful swimming pool to relax and entertain guests and host family barbecues.. Close to Tyler Mall, Shopping center, Hospital, Schools, And 91 Freeway... This House is ready to welcome a new family to call their home! Convenient to nearby schools, area parks, and shopping plazas! The manager has listed the unit size as 1092 square feet.
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About Rich Sands Estates
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Listed by: Julio Axel Alatriste, I Heart Real Estate, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219077708PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219077708PS
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