68545 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 6, 2020 | Sold | ||
| Sold | |||
| Oct 9, 2020 | In contract | - | |
| In contract | |||
| Sep 24, 2020 | Listed | $669,000 | |
| Listed | |||
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Nestled in beautiful Cathedral City rests this very private smart residence with no HOA on a fee simple land. The home offers and will includes all indoor and outdoor furniture and stainless steel appliances, 2 Apple TV's with JBL sound system. The open floor plan leads to a large living and dining room which opens to a gourmet kitchen,- with granite countertops and a large island. The resort-style back yard offers a large heated pool and spa with smart equipment surrounded by a mature green oasis. Among many features, it offers a NEST system with energy efficient A/C, granite slab counter tops in the kitchen & bathrooms. Separate glass shower & Roman tub in the master bathroom. The Listing Agent and The Agency RE does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property. Buyer to do their due diligence. The manager has listed the unit size as 2170 square feet.
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| Oct 12, 2019 | No longer available | - | |
| No longer available | |||
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017