68711 E Street
About This Property
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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 |
|---|---|---|---|
| Jun 23, 2025 | Listed | $524,000 | |
| Listed | |||
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Home is coming back on the market 9/10/25. Please do not contact the owner. Located in one of Cathedral City's most sought-after neighborhoods, ''The Cathedral City Cove'', this updated 2-bedroom, 2-bath home offers modern comfort in a serene, scenic setting. Surrounded by breathtaking mountains on three sides, enjoy easy access to nature with nearby hiking trails just steps from your door. This home is move-in ready and designed for peace, privacy, and style. The backyard offers potential for a custom pool, allowing the perfect outdoor living space for entertaining. Recent upgrades include a new HVAC system (2024), newer foam roof (2022), fresh exterior and interior paint and an alarm/security camera system for added peace of mind. The home sits just a short distance to the downtown hub with local restaurants, bars, theaters, casino and the exciting new ''Cove'' shopping center, bringing even more dining and retail options within reach. Whether you're looking for a full-time residence, vacation home, or investment opportunity, this home in ''The Cove'' delivers charm, location, and potential in a scenic and vibrant community.
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| May 18, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by Dune Palm Realty | $475,000 | |
| Listed by Dune Palm Realty | |||
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This charming 2 bed 2 bath home boast a spacious kitchen with dining area and like new appliances. Tile and wood-like laminate floors throughout. Recess lighting and ceiling fans on dimmers. Great AC and heater, 6 years new . Security Gate with RV access. Get your Zen on sitting in the plush backyard oasis. This little gem has a great vibe nestled at the foot of Cathedral City Cove. Just minutes to Palm Springs Airport and downtown. Walking distances for shopping, taking in a movie, entertainment, dining and hiking. Centrally located.
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| Nov 30, 2016 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Listed by California Lifestyle Realty | $225,000 | |
| Listed by California Lifestyle Realty | |||
Property Highlights
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About Downtown Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017