56 Coble 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 23, 2020 | In contract | - | |
| In contract | |||
| Nov 19, 2020 | Price Decreased |
$87,500
↓ $8K
(7.9%) | |
| Price Decreased | |||
| Sep 17, 2020 | Listed | $95,000 | |
| Listed | |||
| | |||
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Welcome to The Canyon, a gated 55 and better community located in the heart of Cathedral City. Centrally and conveniently located to shopping and entertainment. This community offers pools, spas, tennis courts, library, fitness center, billiard room, shuffleboard court, clubhouse and boat & rv storage. Here you will find this semi-remodeled 2 bedroom 2 bathroom manufactured home. The rustic designer decor flows throughout with its custom color palette along with its numerous upgrades which include laminate wood flooring, appliances, windows, custom blinds, hallway shower, bathroom sinks and plumbing, a/c parts replaced incld: thermostat, coil, fan motor; commodes, landscaping, sprinklers and custom fabric canopy. This showcase home is being offered furnished per Sellers inventory list. Welcome Home! The manager has listed the unit size as 1056 square feet.
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| Apr 9, 2019 | Sold | ||
| Sold | |||
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017