68180 Empalmo 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.
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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 |
|---|---|---|---|
| Oct 27, 2019 | No longer available | - | |
| No longer available | |||
| Aug 29, 2019 | Listed | $320,000 | |
| Listed | |||
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The most desired location in Cathedral City! Panorama Park! Getting to and from schools, work and shopping is fast and convenient in the central location. Panorama park is one of the most desired locations in Cathedral city because of how close it is to schools and shopping: It doesn't hurt to have -A huge back yard -Covered Patio -Family Dining area -And more! You gotta see it for yourself! You've always got friends and family coming into town, you're always the one hosting the events (in your current, limited, space) --- heck, even your kids have their friends over all the time. If you're in the market for a space that will create long-lasting memories for your family and friends, I feel like your search might be over... After 15 years in real estate I can guarantee this listing won't be on the market for very long. If you'd like to find out first-hand whether or not 68180 Empalmo Road is the future home for you and your family. The manager has listed the unit size as 1618 square feet.
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| Feb 17, 2019 | No longer available | - | |
| No longer available | |||
| Sep 22, 2018 | Price Decreased |
$309,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Aug 20, 2018 | Listed | $314,000 | |
| Listed | |||
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This pre-Loved home is located in the Panorama Park area of Cathedral City. This home has over 1600 sqft with a very large backyard and patio. Perfect for all of your family gatherings and fun. This home has 3 bedrooms and 2 baths a 2 car garage and fireplace. This is the one you have been waiting to make an offer on. The manager has listed the unit size as 1618 square feet.
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About Cathedral City
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Last Updated: 3 years ago
Data Source: CRMLS, MLS# 21479294DA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017