Listed by: Tracey Wrubleski Meeks, RE/MAX Desert Properties
$99,900
●
Mobile Manufactured -
Off Market
54 Sand Creek
Cathedral City, CA 92234
3 Beds
2 Baths
1,404 Ft²
$150,821
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Beautifully maintained 2003 Fleetwood Entertainment Series (this is
a higher end construction with more insulation to help in the walls
to help you stay cooler), drywall interior, vaulted ceilings, 1404
sq. ft., 3 bedroom, 2 bath home with open floor plan, indoor
laundry room, upgraded laminated wood floors throughout except one
bedroom which features carpet. Large kitchen opening onto the
dining room and living room, walk in closets. Owner paid $89,000
and then did an additional $15,000 in upgrades. New Air conditioner
and evaporative cooler. The home sits in a very quiet interior
location at the end of a cul de sac with two outdoor patio's one
facing North at 10 x 22 and one facing South at 8 x 16, a large
covered carport, 2 exterior sheds for storage. There is not much in
this age group or condition with such a good location. The club
offers many seniors activities. Furnishings as well as
refrigerator, washer, dryer are available for negotiation outside
of escrow.
Unit Size
1,404 Ft²
Days on Market
79 days
Land Size
8.72 acres
Price per sqft
$71
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
2003
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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: 2 years ago (CRMLS #218033950DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 20, 2019 | Sold | ||
| Sold | |||
| Dec 3, 2018 | Listed by RE/MAX Desert Properties | $99,900 | |
| Listed by RE/MAX Desert Properties | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cathedral City
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Listed by: Tracey Wrubleski Meeks, RE/MAX Desert Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218033950DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 218033950DA
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