68345 Risueno 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.
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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 13, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by Coldwell Banker Realty | $598,500 | |
| Listed by Coldwell Banker Realty | |||
| Jun 18, 2024 | No longer available | - | |
| No longer available | |||
| Apr 26, 2024 | Listed by HomeSmart Professionals | $629,000 | |
| Listed by HomeSmart Professionals | |||
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Live at your own resort and work from home. Move out of the big city to the Desert where your Dollar buys you more house for the money.. This light and open floor plan is over 2100 ft.² 3 bedroom 2 bath with living and family room large open kitchen has been renovated with custom countertops and lots of cabinets, central Vac. and automatic black out shutters The resort style backyard, offers outside living and entertaining from the covered patio to the resort style pool & spa. Enjoy spectacular views while you wine and dine outside. The manager has listed the unit size as 2120 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