1
Map
$265,000
●
House -
Off Market
68485 Rodeo Road
Cathedral City, CA 92234
3 Beds
2 Baths,
1
Half Bath
1,482 Ft²
$452,916
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Great Corner location in the Cathedral City Cove.. This property is
ready for a total remodel. Has a BIG back yard with a pool... So
much potential for this home and beautiful area. Stunning mountain
view from back yard area. RV parking. Investors come and take a
look.. Sewer is in connected and paid in full. Cash only Sale...
Easy to show..
Unit Size
1,482 Ft²
Days on Market
30 days
Land Size
0.34 acres
Price per sqft
$202
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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: 13 days ago (CRMLS #219003079DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 8, 2021 | Sold | ||
| Sold | |||
| Feb 4, 2021 | In contract | - | |
| In contract | |||
| Jan 7, 2021 | Listed | $749,999 | |
| Listed | |||
| | |||
|
This home is an active construction zone in the final stages of completion. The quality of the workmanship is top tier mid-century modern materials and design. The Builder is known for very high-end quality, such as granite or marble counter tops, unique sinks, recessed lighting, multiple master bedroom suites, large tile with thin grout marble flooring, and modern appliances. Shown by appointment only. Please wear a mask when entering this home and supply a signed Coronavirus Property Entry Advisory and Declaration Form (PEAD 04/30/2020) prior to entering. Call now for your private showing. The manager has listed the unit size as 2150 square feet.
| |||
| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Sunair
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Listed by: Tammy Stevens, Desert Palms Realty
Last Updated: 13 days ago
Data Source: CRMLS, MLS# 219003079DA
Last Updated: 13 days ago
Data Source: CRMLS, MLS# 219003079DA
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