1
Map
$649,000
●
House -
For Sale
68700 Panorama Road
Cathedral City, CA 92234
4 Beds
3 Baths
2,668 Ft²
$3,187
Est. Monthly
About This Property
Professional photography coming soon! Welcome to a well-located
home in a nice residential neighborhood, with a neighbor bordering
the home on only one side. Fresh paint and new carpeting give the
interior a clean, move-in-ready feel, while an owned, paid-in-full
solar system adds a practical long-term advantage. The floor plan
offers real flexibility. The upper level has three bedrooms and two
full baths. The first floor adds a fourth bedroom and a third full
bath, ideal to be used as a home office, a comfortable bedroom,
guest quarters, or a private suite. The kitchen is built for
everyday cooking and entertaining, with quartz countertops that
frame the space nicely. The main oven is gas and includes a warming
drawer, and two additional wall ovens are electric, so there is
room to cook for a crowd without crowding the schedule. With
generous living space and a fair asking price for the setting, this
is a practical opportunity in a neighborhood that already shows its
value.
Unit Size
2,668 Ft²
Days on Market
14 days
Land Size
0.19 acres
Price per sqft
$243
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
Listed By
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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: 10 days ago (CRMLS #PW26217626)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2026 | Listed by Harcourts Place | $649,000 | |
| Listed by Harcourts Place | |||
| Apr 2, 2025 | Listed | $675,000 | |
| Listed | |||
| | |||
|
The property has an excellent location in a high value neighborhood, surrounded by four homes valued near one million dollars each.The layout features three bedrooms and two full baths on the upper level plus one bedroom and another full bath on the first floor which is currently used as a home office.Owned Solar.Note two wall ovens are electric. Main oven is gas and has a warming drawer.Countertops are quartz.
| |||
| Oct 2, 2015 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by RE/MAX Consultants | $329,000 | |
| Listed by RE/MAX Consultants | |||
| | |||
|
Great curb appeal on a quiet street of stately homes well landscaped. Ready to move-in, this property with a few upgrades offers a real opportunity to create your own dream home. It's a large two story house with four bedrooms, one now converted to an office/den just off the entry hall. Three full bathrooms - two upstairs and one down. The Master Bedroom suite has a tub with lovely ceramic tile surround, a separate shower and double sinks. The third bath has doors to both the study/den and the spacious family room. The sunken living room has high ceilings and adjoins the large formal dining room. Most rooms have ceiling fans. The large family room offers a wet bar, fireplace and direct access to the garage. Your private pool with spa is in the rear courtyard accessed directly from the family room. This house is clean and has been well maintained. Great Cathedral City location in a very nice neighborhood of similar homes. Large three car garage offers lots of potential storage.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Has Open Parking
Parking Features: Driveway, Garage Faces Front, Garage
Garage Spaces: 3
Interior Details
Full Bathrooms: 3
Interior Features: BedroomOnMainLevel
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 2668
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1989
Levels: Two
Patio and Porch Features: Concrete
Pool Features: In Ground, Private
Pool is Private
Lot Features: Corner Lot, Landscaped
Lot Size Area: 8276
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Lot Size Square Feet: 8276
Tax Lot: 187
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cathedral City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,500 /mo
- 3 Beds
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- 2,333 ft²
$10,000 /mo
- 4 Beds
- 4 Baths
- 3,267 ft²
Listed by: Paul Conti, Harcourts Place
Last Updated: 10 days ago
Data Source: CRMLS, MLS# PW26217626
Last Updated: 10 days ago
Data Source: CRMLS, MLS# PW26217626
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