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68355 Espada 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 |
|---|---|---|---|
| Oct 15, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 9, 2026 | Listed by Realty Trust | $425,000 | |
| Listed by Realty Trust | |||
| Jun 2, 2025 | Listed | $533,000 | |
| Listed | |||
| | |||
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Welcome to a tastefully remodeled 3 bed/2 bath on a low trafficked street in Panorama Community. As you enter on a newly sealed driveway and walkways, you see a freshly landscaped front yard and Koi Pond, and find a bright, light-filled open floor plan. The interior has been fully repainted with all new recessed lighting, and sealed windows and doors throughout. Enjoy a cheerful living room with fireplace and kitchen with recently replaced cabinet faces and hardware, countertops, and backsplash. The light-filled bedrooms all feature mini splits and clean white finishes, and in the primary en suite and guest bathroom the vanities, toilets, and plumbing fixtures have been recently replaced. On the back yard are sweeping South and some West mountain views and a veritable orchard of trees and plants with new irrigation such as: lemon, tangelo, multiple citrus, mulberry and fig, pomegranate and almond, and blackberry bushes.In addition, there is an RV spot with separate gate and electrical and gas hookup. Take this opportunity to experience a move-in ready Panorama charmer.
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| Nov 25, 2024 | Sold | ||
| Sold | |||
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017