68535 Risueno Road
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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 10, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Carlton Park Properties | $330,000 | |
| Listed by Carlton Park Properties | |||
| Aug 6, 2019 | No longer available | - | |
| No longer available | |||
| Jul 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 1, 2019 | Listed | $340,000 | |
| Listed | |||
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Wow! A spectacular renovated home one of the most desirable areas of Cathedral City, Panorama. Enjoy this executive remodeled home in quaint and quiet neighborhood. This luxurious executive level home includes 2000 sq.ft of living space with an open upgraded gourmet kitchen that is the ultimate entertainer's delight. This home also features remodeled bathrooms, paint, tile flooring and solar panel for energy savings. Delight endless sunsets from the large private backyard with pool and patio with spectacular mountain views. Welcome home The manager has listed the unit size as 1998 square feet.
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017