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68385 Tortuga Road
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 |
|---|---|---|---|
| Apr 21, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Coldwell Banker Realty | $649,000 | |
| Listed by Coldwell Banker Realty | |||
| May 10, 2021 | Sold | ||
| Sold | |||
| Mar 7, 2021 | Listed by HomeSmart | $650,000 | |
| Listed by HomeSmart | |||
| | |||
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Spectacular Rsort property sold furnished end ready to move into.. Live the Palm Springs life every day while you work from home. apx. 2150 ft. this 4 bedroom 3 bath resort style home has been completely renovated. Live and entertain friends outside from the private pool and covered patio that has spectacular mountain views. Everything you need is here so you're ready to move in and start your Desert life
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017