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68615 Panorama 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 23, 2026 | Listed by Pinnacle Estate Properties | $799,950 | |
| Listed by Pinnacle Estate Properties | |||
| Aug 30, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Keller Williams Realty | $759,000 | |
| Listed by Keller Williams Realty | |||
| | |||
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Location! Location! Location! Being sold Turnkey Furnished! Extraordinary opportunity to own a very spacious 5 bedroom, 3 baths, 3-car garage, 2,615 sq' 9,148 sq' lot, no HOA, and no Mello Roos tax. Since acquiring this property, the owner has elegantly remodeled almost the entire home. The wonderful features include an open concept, stunning kitchen, granite countertops, kitchen island, elegant glass backsplash, crystal chandeliers, fireplace, custom cabinets, recessed lighting, soft closing kitchen drawers, stainless steel appliances, custom flooring, 2 ring camera, loft-like area, formal dining, 2 Nest Thermostat controls, custom blinds, clear glass railings, game area, beautiful vaulted ceilings & ceiling fans in every room. Visualize how memorable your nighttime pool parties will be. Entertaining friends & family will be priceless. Doors and windows will remain open during the season to let the cool breeze in. The backyard is truly a Southern California Oasis. From the kitchen, you can see the family room, covered patio, BBQ area, heated pool, spa, dining room, and cabana. Connecting with friends and family will be just as you envisioned. Eat breakfast under the cabana or have a glass of wine by the cozy fire pit. Whatever you decide will be enhanced by the overall beauty of your new home. Go ahead... BBQ, swim, play, have fun, thrive, enjoy, and most importantly love the location and the house you live in. Close to Agua Caliente Casino, restaurants & shops
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017