67690 Tamara Road
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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%.
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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 |
|---|---|---|---|
| Feb 2, 2021 | Sold | ||
| Sold | |||
| Dec 3, 2020 | Listed by RE/MAX Desert Properties | $529,000 | |
| Listed by RE/MAX Desert Properties | |||
| Dec 14, 2019 | No longer available | - | |
| No longer available | |||
| Dec 12, 2019 | Price Decreased |
$430,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
| Oct 19, 2019 | Listed | $450,000 | |
| Listed | |||
| | |||
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Brand new, rare, high quality construction in Cathedral City located on a rare oversized 8500 sq foot lot. This home will have stacked stone, (3) three car garage and over 2200 sq feet of living space that will appeal to the most discriminating buyer. Nice gourmet kitchen with granite counter tops, custom cabinets and 2 living rooms that offers plenty of space for entertaining. Large 20 inch ceramic tiles, frame less shower glass doors, sunken showers, high vaulted ceilings 4 bedroom and two baths. The indoor laundry room will have cabinets and a sink. The backyard has a large patio that is south facing with great mountain views and side parking for RV parking makes this home complete! This home is energy efficient as it met and exceeded compliance codes. Please preview photos, 3D tour and floorplan as reference. Home yet to be built and be completed Dec 2019! The manager has listed the unit size as 2200 square feet.
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017