68420 Moonlight Drive
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 |
|---|---|---|---|
| Jul 16, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $1,068,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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This stunning early 1970s Mid Century home on Moonlight Dr in Cathedral City Cove.
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| Aug 19, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Keller Williams Luxury Homes | $529,000 | |
| Listed by Keller Williams Luxury Homes | |||
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Welcome home to this two-bedroom, two-bath home located in Cathedral City Cove. You, your friends, and your family will surely enjoy sitting on the large, private patio, sipping a libation, firing up the grill, dining al fresco, enjoying the mountain views, and swimming in the pool. The property on a very large lot is landscaped with easy-care desert plants for easy maintenance and has solar installed. The interior can be used in a variety of ways (more bedrooms and a converted garage) or remodeled to suit your particular situation and taste. Put all your HGTV dreams to use! Cathedral City Cove is close to shopping, dining, theaters, hiking, biking, and all that the desert has to offer. No HOA's to boot!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017