68720 Alpine Drive
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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Listed by Realty One Group Pacific | $225,000 | |
| Listed by Realty One Group Pacific | |||
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Nestled in the serene beauty of Mountain Center, this spacious manufactured home sits on over an acre of land, offering breathtaking mountain views and a peaceful, private setting. With a permanent foundation in place, this home is ready for the right buyer to restore it to its full potential. The home features a practical layout with generous living space, including 3 bedrooms and 2 bathrooms, providing ample room for comfortable living. The large lot offers plenty of opportunities to expand, create your dream garden, or simply enjoy the natural surroundings. While this home does require some work, it presents a fantastic opportunity for investors, DIY enthusiasts, or anyone looking to create a personalized mountain retreat. The existing foundation and structure provide a solid starting point for the renovations you envision. Enjoy quiet mountain living with the convenience of being just a short drive from local amenities, hiking trails, and the charming communities of Idyllwild and Palm Desert. Don't miss the chance to make this property the mountain getaway you've always dreamed of!
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| Mar 31, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by Intero Real Estate Services | $210,000 | |
| Listed by Intero Real Estate Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017