68230 Empalmo 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 |
|---|---|---|---|
| Sep 29, 2022 | Sold | ||
| Sold | |||
| Jul 27, 2022 | Listed by Redfin Corporation | $424,900 | |
| Listed by Redfin Corporation | |||
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Completely remodeled single story home in the wonderful area of Panorama in Cathedral City. This is a large 2 bedroom, 2 full bath home featuring spacious living room, stainless appliances, greenhouse window, master bedroom suite with remodeled master bathroom. The second bedroom has a walk-in closet and direct access to main bath. This home features vaulted ceilings throughout. The entertaining backyard is very large and has both a spa and firepit. Great for barbecues and parties! Great location within walking distance to Panorama Park. Welcome Home!
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| Apr 22, 2014 | Sold | ||
| Sold | |||
| Feb 5, 2014 | Listed by Bennion Deville Homes | $193,900 | |
| Listed by Bennion Deville Homes | |||
Property Highlights
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017