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67300 Tamara Road
About This Property
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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 |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Aug 8, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $399,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Great home for first-time home buyers nestled in the Rio Vista Community of Cathedral City. This 1985-built home boasts 3 bedrooms, 2 bathrooms, 1,493 square feet of living space, and a 2-car garage. As you approach the entrance, step into the semi-private front courtyard. The home features a sizable kitchen with granite countertops. The master bedroom is spacious with a walk-in closet. The backyard has a lattice patio, abundant space for outdoor seating, beautiful trees, and a private setting. The home also has paid solar. The property needs some upgrades and renovations throughout. Located in a wonderful neighborhood with long-established homeowners. Please note, the owner passed away in the property of natural causes in July 2024.
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| Mar 23, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | Listed by The Real Estate Company Inc | $367,777 | |
| Listed by The Real Estate Company Inc | |||
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DON'T MISS OUT ON THIS ONE. IT WILL GONE BEFORE YOU CAN BLINK. Come see this home and you will appreciate the location on this large lot with private relaxing back yard for family activities. The 3 bedroom. 2 bath, 2 car garage home is central to all other activities and it's close to freeway for easy access and a short drive into the HEART of beautiful and world renown; Palms Springs California, as well as close to the East Valley for ALL the Valley festivals throughout the year! It features a great room and dining area and the kitchen to the side. This is a split floorpan with two guest bedrooms on west side of home and master suite on the east side of home. One bedroom has a double door to the beautiful and quaint front patio, and the other bedroom faces the back yard. The back yard is perfect for the family get togethers with a patio running all the length of the backside of home. The front has another patio/courtyard that is the perfect place to sit and view the beautiful Santa Rosa Mountains. This home is perfect for a starter family or anyone looking for a nice centrally located neighborhood to the Coachella Valley. Don't wait, come and see this one the DEAL you've been looking for!
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About Cathedral City
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