$298,000
●
House -
Off Market
68110 Risueno Road
Cathedral City, CA 92234
3 Beds
2 Baths
1,305 Ft²
$468,546
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Take a look at this charming 3 bedroom/2 bath home in the Panorama
neighborhood! The home features vaulted ceilings and a fireplace in
the living room area, stainless appliances and low maintenance
landscaping in the spacious back yard, which is easily large enough
for a pool! You'll enjoy the beautiful mountain views from the
gated front yard, there is a 2 car garage and extra parking space
in the expanded driveway!
Unit Size
1,305 Ft²
Days on Market
111 days
Land Size
0.18 acres
Price per sqft
$245
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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: 4 months ago (CRMLS #219017493DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 24, 2025 | Listed by Windermere Real Estate | $498,000 | |
| Listed by Windermere Real Estate | |||
   | |||
|
SPECTACULAR PANORAMA SUBDIVISION HOME:Welcome to this beautifully updated 3-bedroom, 2 bathroom home located in the desirable Panorama neighborhood . Featuring a remodeled kitchen with recessed lighting and remodeled bathrooms, this home combines modern finishes with comfortable living. Beautiful plank vinyl flooring neutral so it goes with any decor. This spacious living room boasts cathedral ceilings and a gorgeous gas fireplace with beautiful stacked stone and custom wooden mantle, creating the perfect gathering space. Enjoy year-round comfort with a new air conditioning system and custom ceiling fans throughout the home. Step outside to your own private retreat under a massive alumawood patio cover with recessed lighting and dual ceiling fans-ideal for outdoor entertaining. The property offers huge front and backyards with ample room for multiple pools plus an above- ground hot tub with a new heat pump and custom cover. Surrounded by beautiful views and a wonderful neighborhood atmosphere, this home provides the perfect setting for relaxation and recreation. Additional highlights include: Washer and dryer conveniently located in the attached two-car garage with automatic door. Expansive outdoor spaces designed for entertaining, gardening, or future pool installation. Prime location in one of Cathedral City's most desirable subdivisions. This is a rare opportunity to own a move-in-ready home with upgrades inside and out.
| |||
| Jun 5, 2025 | Price Decreased |
$519,000
↓ $46K
(8.1%) | |
| Price Decreased | |||
| Mar 30, 2025 | Listed | $565,000 | |
| Listed | |||
| | |||
|
GORGEOUS REMODEL IN Panorama Welcome to your slice of paradise in the desirable Panorama development. This beautifully remodeled home offers comfort, style, and plenty of room to relax or entertain. HIGHLIGHTS include:Updated vinyl plank flooring throughout. Newer HVAC system for year-round comfort. High-end ceiling fans. Stunning fireplace updated with stacked stone and custom wooden mantle. Beautiful and inviting remodeled kitchen with window that looks out to the covered patio and backyard. 2 full bathrooms, inviting above-ground spa with a newer heat pump and custom cover. Huge backyard perfect for outdoor fun, gardening, or future pool plans. Large alumawood cover for added comfort while enjoying the beautiful mountain views with recessed lighting and ceiling fans to keep you cool. Spacious 2-car attached garage. Inside and out, this home is move-in ready and ideal for full-time living or a weekend retreat. Don't miss this great opportunity to own in Panorama , one of Cathedral City's most established neighborhoods.
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Palm Springs Panorama
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Listed by: Stephanie Taylor, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219017493DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219017493DA
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