Listed by: Sandy Jacobo, RE/MAX Desert Properties
$62,000
●
Mobile Manufactured -
Off Market
434 Calle Madrigal
Cathedral City, CA 92234
2 Beds
2 Baths
1,980 Ft²
$94,096
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
A must see property with mind-blowing golf course and lake views
from every corner of the home! This 2 bedroom 2 bath property is
offered partially furnished. Property sits on a large lot with
private dog run, gazebo, fogger misters in patio area, sprinkler
system, large dry walled, air-conditioned storage shed with enough
room for 2 golf carts. Golf cart access to golf course. Home has an
open floor plan, laminate flooring, large master bedroom, walk in
closet. Second bedroom is spacious with ample closet space. Indoor
laundry area with plenty storage. Date Palm Country Club is a 55+
active community, which includes 5 pools, 4 spas, saunas, lighted
tennis courts, fitness, 18 hole golf course, putting green and
expansive club house.
Unit Size
1,980 Ft²
Days on Market
228 days
Land Size
29.90 acres
Price per sqft
$31
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 #218010014DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2018 | Sold | ||
| Sold | |||
| Apr 5, 2018 | Listed by RE/MAX Desert Properties | $62,000 | |
| Listed by RE/MAX Desert Properties | |||
Property Highlights
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About Cathedral City
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Listed by: Sandy Jacobo, RE/MAX Desert Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218010014DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218010014DA
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