68320 Concepcion Rd Road
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Go2Realty Pros., Inc. | $669,900 | |
| Listed by Go2Realty Pros., Inc. | |||
| | |||
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Located in the Palm Springs area, minutes from golf courses and downtown Palm Springs! This 6BR House is a desert oasis! Take a dip in the pool or soak in the hot tub. Whip up a meal in the kitchen, dine outside on the patio, or head out to see all Palm Springs offers. All bedrooms are permitted and have closets so if you have a big family, theres a room for everyone. Otherwise, you can set up your home office and or home gym and still have rooms for everyone! This is an absolutely stunning property, tastefully upgraded with an attention to detail, and sitting on a large lot with a big backyard. The backyard is where you'll be enjoying the most beautiful sunsets while sitting poolside or lounging in the California Room by the bar with loved ones. The full length balcony above the California Room gives you an upstairs outdoor retreat to enjoy as well! The pictured oven in the kitchen has since been replaced with a new stainless built in and the kitchen is warm and inviting with lots of storage space, quartz counters, and a subway tile backsplash. A Large Solar System has been partially paid off with the balance assumable by the buyer, save hundreds on your electricity! Enjoy fresh clean water delivered through a whole house filtration system!
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| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by National Properties | $429,000 | |
| Listed by National Properties | |||
| Feb 28, 2014 | Sold | ||
| Sold | |||
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017