Listed by: Carole Stephen-Smith, Windermere Homes & Estates
$65,000
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Mobile Manufactured -
Off Market
404 Paseo Laredo South
Cathedral City, CA 92234
3 Beds
2 Baths
$115,278
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model
About This Property
Beautiful pride of ownership home amazing views and 3 bedrooms 2
bathrooms plus a garage. Large open plan kitchen and nice corner
lot
Unit Size
-
Days on Market
85 days
Land Size
0.09 acres
Price per sqft
-
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
-
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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: 2 years ago (CRMLS #216005486DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2022 | No longer available | - | |
| No longer available | |||
| Aug 10, 2022 | In contract | - | |
| In contract | |||
| Jul 25, 2022 | Listed by Bennion Deville Homes | $189,900 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
A 2004 3 bed/ 2 bath home featuring many upgrades with a two car attached garage located on the 16th green with South / West mountain views from the back patio. This inviting open floor plan is great for entertainng. The remodeled Kitchen has granite tile counters, up-graded cabinets, glass tile backsplash, a farm sink a large bar open to the main living/ dining area. The third bedroom is currently being used as a den has double entry doors. The second bedroom is light and bright with views of the golf course and mountains. The spacious Primary bedroom has an ensuite bath with a walk in shower and your own french door leading to the patio and golf course. Dual paned windows with custom window coverings and ugraded flooring throughout. This 55+ community, includes 5 pools, 4 spas, sauna, tennis courts, fitness center, on-site restaurant, putting green, and golf course. The manager has listed the unit size as 1804 square feet.
| |||
| May 6, 2016 | Sold | ||
| Sold | |||
| Feb 10, 2016 | Listed by Windermere Homes & Estates | $67,500 | |
| Listed by Windermere Homes & Estates | |||
Property Highlights
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About Cathedral City
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Listed by: Carole Stephen-Smith, Windermere Homes & Estates
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216005486DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216005486DA
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