68305 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 |
|---|---|---|---|
| May 8, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Marcanne Green Real Estate | $264,900 | |
| Listed by Marcanne Green Real Estate | |||
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This 3 bedroom, 2 bath home is located in a bustling neighborhood in Cathedral City. Close to schools, parks and shopping. Great Opportunity to make it your own and finish to your taste. Large walled back yard. Mountain Views from the front yard. New water heater. Needs some TLC.
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| Nov 2, 2019 | No longer available | - | |
| No longer available | |||
| Jul 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 1, 2019 | Listed | $289,900 | |
| Listed | |||
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Great VALUE! Excellent LOCATION! Located in desirable PANORAMA! Centrally located, this well-appointed 3 BD/2 BA home offers generous living space and large rear yard with lots of potential. A two-car garage and manicured front lawn complete this GREAT HOME. Many community amenities are conveniently located, just minutes away, like shopping, dining, casinos, championship golf, fine resorts, parks and tennis clubs. Don't miss this one! The manager has listed the unit size as 1284 square feet.
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017