$475,000
●
House -
Off Market
68260 Concepcion Road
Cathedral City, CA 92234
4 Beds
2 Baths,
1
Half Bath
2,215 Ft²
$665,982
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Award winning vacation rental...Spectacular renovation
$100,000 in upgrades. 4 bedrooms 3 baths with 3 car garage
with a resort style backyard that makes every day a vacation.. Over
2200 sqft contemporary open concept floor plan with coffered
ceiling's throughout.. The new kitchen is designed for
entertaining with Carrera stone counters large island and State of
the Art appliances everything is brand new.. The large great room
has coffered ceilings, custom flooring, custom lighting and is
state of the art designed by one of the best designers in the area.
A wall of sliding glass doors open up to your resort backyard with
large covered patio theme park pool and spa
Unit Size
2,215 Ft²
Days on Market
46 days
Land Size
0.18 acres
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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 #219042792DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Listed by Equity Union | $659,000 | |
| Listed by Equity Union | |||
| | |||
|
Discover your dream home in the sought-after Panorama neighborhood, ideally situated near parks, schools, and shopping. This stunning residence boasts a light-filled, open floor plan with a spacious living room, four generous bedrooms, and three beautifully updated bathrooms, ensuring ample space for everyone. Step into the heart of the home, an expansive kitchen featuring modern stainless steel appliances, a stylish tile backsplash, and a large island with dual waterfall edges. With views of the sparkling pool, this inviting space is perfect for gatherings and culinary creations. Enjoy dining al fresco on the covered patio, where you can relax by the shimmering pool and spa, creating an oasis for outdoor entertaining. The luxurious primary suite offers a serene retreat, complete with a spa-like bathroom featuring a soaking tub and a walk-in shower for ultimate relaxation.Additional highlights include a dedicated laundry room and a three-car garage with plenty of storage. Don't miss this exceptional opportunity to call this beautiful home your own!
| |||
| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 9, 2020 | Listed by HomeSmart | $475,000 | |
| Listed by HomeSmart | |||
| | |||
|
Award winning vacation rental...Spectacular renovation $100,000 in upgrades. 4 bedrooms 3 baths with 3 car garage with a resort style backyard that makes every day a vacation.. Over 2200 sqft contemporary open concept floor plan with coffered ceiling's throughout.. The new kitchen is designed for entertaining with Carrera stone counters large island and State of the Art appliances everything is brand new.. The large great room has coffered ceilings, custom flooring, custom lighting and is state of the art designed by one of the best designers in the area. A wall of sliding glass doors open up to your resort backyard with large covered patio theme park pool and spa
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Palm Springs Panorama
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Listed by: Jeff Litton, HomeSmart
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219042792DA
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219042792DA
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