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68720 Concepcion Road
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 |
|---|---|---|---|
| Nov 7, 2022 | Sold | ||
| Sold | |||
| Aug 31, 2022 | Listed by Keller Williams Realty | $475,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Lowest Priced in this Market! Down miss this opportunity to own your Cathedral City Home. In the quiet Panorma community. Walking distance to neighborhood park. Central to everything! Just minutes from Palm Springs Airport and 15 minutes to downtown Palm Springs. Centrally located between schools, commerce and Panorama Park just a walk away. This 2,020 sq ft, 3 bed, 2 bath Rental Income potential. This home also includes a 320 SF (Fourth bedroom) addition with separate rental income potential, off the master bedroom, complete with separate entrance & kitchenette. *Rental Income Potential Huge Pool Size Rear Yard, ready for entertaining. RV Parking and pull through at side yard Recently updated with fresh paint.
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| Aug 26, 2022 | No longer available | - | |
| No longer available | |||
| Aug 10, 2022 | Price Decreased |
$499,900
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Jul 26, 2022 | Relisted | $520,000 | |
| Relisted | |||
Property Highlights
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About Palm Springs Panorama
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017