68357 Durango 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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | Listed by HomeSmart | $624,900 | |
| Listed by HomeSmart | |||
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Subject to cancellation of previous Escrow.. Completely renovated this Mediterranean style three bedroom two bath as a complete new kitchen, light and open with quartz countertops, brand new top of the line cabinets, new range, dishwasher, center island with quartz water fall design. Large bedrooms with laminated wood flooring, Upgraded custom bathrooms. You have to see the large pool and spa south west facing backyard with spectacular mountain views. This property has everything
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| Feb 21, 2024 | No longer available | - | |
| No longer available | |||
| Dec 19, 2023 | Listed by HomeSmart Professionals | $625,000 | |
| Listed by HomeSmart Professionals | |||
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Completely renovated this large three bedroom two bath Mediterranean style home has living room and family room with fireplace.The open kitchen has just been upgraded with quartz countertops, large center island and high-end custom cabinets. Large bedrooms and upgraded bathrooms makes this property feel like a resort. The oversized pool with spa takes advantage of the southwest Mountain View's so you could entertain and enjoy outside living in the desert. By in the Desert where your dollar buys you more house for your money. The manager has listed the unit size as 1735 square feet.
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| Dec 14, 2023 | No longer available | - | |
| No longer available | |||
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017