68175 Hermosillo Road
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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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by Redfin Corporation | $660,000 | |
| Listed by Redfin Corporation | |||
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This fully-updated 4-bed, 2-bath home with no HOA is ready for its new owner! Enjoy fantastic curb appeal with drought-tolerant landscaping and a spacious, open floorplan featuring vaulted ceilings, recessed lighting, plank floors, and an attached 3-car garage. The kitchen boasts quartz counters, cream cabinets, KitchenAid stainless steel appliances, a 5-burner gas range, hood, dishwasher, a garden window, and stylish pendant lighting. It flows into the bright dining room with bay windows and matching lighting. The living room offers a cozy fireplace with handcrafted zellige tile surround, a raised hearth, modern chandelier, and French doors leading to the backyard. All 4 bedrooms are generously sized, with the large primary suite featuring French doors to the backyard, a walk-in closet, and a private ensuite with dual sinks and a rainfall shower. Another full bath serves the 3 secondary bedrooms, and the laundry room completes the layout. This home also includes a brand-new A/C and heat pump for efficient, year-round comfort. The private backyard is perfect for entertaining, with an in-ground pool and spa with updated equipment, 2 patios, tropical palms, privacy hedges, and low-maintenance landscaping. Conveniently located near shopping, dining, and more, this is the perfect place to call home!
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 12, 2022 | Listed by Barnett California Realty | $565,000 | |
| Listed by Barnett California Realty | |||
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This spacious home presents four bedrooms, two bathrooms, a large kitchen with breakfast bar, a formal dining room, a living room with fireplace, an oversized laundry room, and three car garage. The open floor plan offers approximately 2,000 square feet of living space, ideal for family gatherings, entertaining, and more! In addition, the home has high ceilings, an abundance of windows, and French doors making the interior light and bright. The south-facing backyard is outfitted with a pool and spa, two covered patios, lush vegetation, and captures terrific mountain views. The enclosed front courtyard is another perfect outdoor living space for enjoying our beautiful desert lifestyle.
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017