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68745 Panorama Rd 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 |
|---|---|---|---|
| Jul 11, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by HomeSmart | $719,000 | |
| Listed by HomeSmart | |||
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Get the most house for your money with this 2480 ft. Resort property that has been renovated and is ready to move in. Light and Open floor plan has four bedroom 2.5 bath, living room and game room. The Modern kitchen is updated with granite countertops, lots of cabinets, stainless steel appliances and custom flooring throughout. From inside to outside living in a private resort setting under the large stucco covered patio, offers outside kitchen, dining, gazebo, custom pool and spa, and mountain views...Perfect for entertaining or just enjoying the Desert life.. Leave the big city behind and buy in the Desert where you get more house for the money.
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| Nov 4, 2021 | No longer available | - | |
| No longer available | |||
| Sep 5, 2021 | Listed by HomeSmart Professionals | $750,000 | |
| Listed by HomeSmart Professionals | |||
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Own your own resort property, Work from home and enjoy the Palm Springs life every day. Completely renovated 4 bedrooms 2 baths with 3 car garage comes completely furnished .. This light and open floor plan has a large kitchen, custom floors, luxurious upgrades throughout.. Seamless transition to the private backyard with spectacular mountain views, Relax under the oversize covered patio, custom pool , spa , gazebo , outside kitchen, This property feels like you're living at a Resort.. The manager has listed the unit size as 2480 square feet.
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| Dec 28, 2018 | Sold | ||
| Sold | |||
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017