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32935 Date Palm Drive
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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 |
|---|---|---|---|
| Dec 7, 2023 | Sold | ||
| Sold | |||
| Sep 25, 2023 | Listed by Berkshire Hathaway HomeServices California Properties | $389,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 12, 2020 | In contract | - | |
| In contract | |||
| Aug 28, 2020 | Listed | $400,000 | |
| Listed | |||
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Location, Location, Location! Located on Date Palm in Cathedral Citys Opportunity Zone, this property is located on Date Palm Drive with excellent street visibility and high traffic count. The current structure is approximately 1800 Sq Feet with 3 bedrooms and 2 baths and two separate entrances. This property is zoned PCC Planned Community Commercial. There are no current permits with the city. This property sits on a large lot and has a few sheds in the back yard. One of the most high traffic thoroughfares in Cathedral City close to shopping, bus stop, school and post office. Tremendous opportunity to own 0.44 acres with Planned Community Commercial Zoning. Buyer to verify square footage and zoning information for this property. Call now to see this property shown by appointment. The manager has listed the unit size as 1800 square feet.
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About Rancho Vista Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017