52075 Esperanza Avenue
About This Property
The property sits on a generous lot of 7,405 square feet (+/-), fully fenced with chain-link for privacy and security. At the rear of the property, you'll find a shed that requires some TLC, along with a carport offering shelter for your vehicle. There's also a small covered area with washer and dryer hookups, providing added convenience.
Cabazon is a vibrant community with plenty to offer. The area features an elementary school, library, and Community Center, and is locally known for the popular Cabazon Outlet Mall. Just a short drive east is the renowned Morongo Casino, and the 10 Freeway is easily accessible for quick travel. Palm Springs is approximately 30 miles to the east, and you're just 10 miles away from major retailers like Walmart and Home Depot. Riverside and San Bernardino are within easy reach as well.
Discover the potential of this property at 52075 Esperanza – a perfect blend of opportunity, and unbeatable location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2024 | Listed by KELLER WILLIAMS RIVERSIDE CENT | $99,900 | |
| Listed by KELLER WILLIAMS RIVERSIDE CENT | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017