Listed by: Julio Axel Alatriste, I Heart Real Estate, Inc.
$835,000
●
House -
Off Market
68355 Skyway Drive
Cathedral City, CA 92234
6 Beds
6 Baths
2,500 Ft²
$965,286
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Top Performing Sante Fe home! If you are looking for the best floor
plan in the Cathedral City Cove division.. here we present a 2500
square feet single story home, 6 bedrooms including the casita with
its private bathroom, and a pool house! Open kitchen, an
entertainers delight. Beautiful mountain views all around, you can
feel the calmness and exclusiveness of the area! Many windows for
that natural lighting. Tri-level pool with large spa, infinity
edge, and a waterfall for your hot days! Steam room also included.
Limitless upgrades.. this home appeals to even the most
discriminating buyers! Come make this your desert getaway.
Unit Size
2,500 Ft²
Days on Market
42 days
Land Size
0.20 acres
Price per sqft
$330
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
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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: 3 years ago (CRMLS #219061269PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by I Heart Real Estate, Inc. | $825,000 | |
| Listed by I Heart Real Estate, Inc. | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Cathedral City
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Listed by: Julio Axel Alatriste, I Heart Real Estate, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061269PS
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 219061269PS
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