68215 Modalo Road
About This Property
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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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2021 | Sold | ||
| Sold | |||
| Jun 4, 2021 | Listed by Desert Dunes Realty | $370,000 | |
| Listed by Desert Dunes Realty | |||
| Oct 21, 2019 | No longer available | - | |
| No longer available | |||
| Jul 26, 2019 | Price Increased |
$315,000
↑ $16K
(5.4%) | |
| Price Increased | |||
| Jul 20, 2019 | Listed | $299,000 | |
| Listed | |||
| | |||
|
Open house Saturday and Sunday from 12-3! Priced to Sell! An incredible opportunity to be able to purchase a south facing 1/4 acre home with RV or trailer access in the heart of the highly desirable Cathedral City. The manager has listed the unit size as 1326 square feet.
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About Palm Springs Highlands
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Currently no similar homes aroundNearby Rentals
$5,700 /mo
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$5,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017