68378 Descanso Circle
About This Property
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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 |
|---|---|---|---|
| Mar 16, 2019 | No longer available | - | |
| No longer available | |||
| Feb 21, 2019 | Listed | $365,000 | |
| Listed | |||
| | |||
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Welcome Home!! This wonderful 3 Bedroom/2 Bath home is ready for you to enjoy! Light and bright, the main living areas are open to the kitchen and perfect for entertaining. This home also features newer appliances throughout and a large kitchen and breakfast nook. The 3rd bedroom is also prepared to be used as an office and a spacious guest room and Master Suite round out the sleeping arrangements. Who can sleep with a pool, spa, and fire pit in the back yard??? Other features include newer washer and dryer and hot water in the garage and on the roof 2 year old OWNED Solar!!! Call today to view this jewel in Cathedral City!!! The manager has listed the unit size as 1362 square feet.
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| Sep 18, 2015 | Sold | ||
| Sold | |||
| Jul 9, 2015 | Listed by Bennion Deville Homes | $279,000 | |
| Listed by Bennion Deville Homes | |||
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017