67765 Paletero Rd
About This Property
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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 |
|---|---|---|---|
| Apr 13, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Berkshire Hathaway Home Services California Properties | $399,000 | |
| Listed by Berkshire Hathaway Home Services California Properties | |||
| Nov 3, 2020 | No longer available | - | |
| No longer available | |||
| Oct 30, 2020 | Listed | $389,000 | |
| Listed | |||
| | |||
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Situated on a beautifully landscaped, low-maintenance and oversized lot, this modern-contemporary home shines with a bright and extremely open floor plan. From the moment you step inside, this sleek and spacious home invites you to look out across the large windows presenting a warm and inviting glow across the remarkably spacious living areas. Impressively, both the living room and kitchen have stunning views of the signature majestic mountains and palm trees the Palms Springs area is known for. Once out in the sprawling backyard, you can immediately see the impressive potential for adding a large and beautiful resort-style pool overlooking the mountainous southwest-facing landscape that makes the Coachella Valley so unique. Offering 3 bright and oversized beautiful bedrooms with ample closet space and natural light, 2 full bathrooms and 1,750sf, this home has many notable upgrades and features including: a new A/C unit, ultra-energy saving UV tints on windows, a new Wi-Fi thermostat, new energy-saving LED indoor and outdoor lighting throughout the home, new top-of-the-line sprinkler system, new low-maintenance designed landscaping, a new swamp cooler which lowers electric. This is an extremely rare opportunity to own the open-concept modern contemporary designer home of your dreams with extensive upgrades! The manager has listed the unit size as 1739 square feet.
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| Aug 28, 2020 | 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