68896 Corral Road
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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%.
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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 |
|---|---|---|---|
| Mar 31, 2021 | Sold | ||
| Sold | |||
| Mar 4, 2021 | Listed by eXp Realty of California, Inc | $475,000 | |
| Listed by eXp Realty of California, Inc | |||
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CLEAN - FRESH and READY TO MOVE IN! - Large Single Family Home - 4 bedroom, 3 bath home, plus office/den in the heart of Cathedral City. Double doors entry, 9 foot ceilings, and custom tile flooring throughout. Granite encased fireplace will large raised hearth. The kitchen area features granite counter tops, ample storage, stainless steel appliances, and a breakfast bar that leads to a spacious dining area with built-in cabinets. Direct access to attached garage, bright large laundry room features sink and cabinets. Oversized backyard with open covered patio is accessed from living area and the Master Suite. This home was originally built in 2012 for a Residential Board and Care Facility (RCFE) including fire sprinkler and alarm system. All 3 bathrooms are equipped with handicap features. Check out this spacious home conveniently located close to shopping, restaurants, Palm Springs airport, and No HOA!
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| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jul 6, 2020 | Listed by HomeSmart | $415,500 | |
| Listed by HomeSmart | |||
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Check out this beautiful 4 bedroom, 3 bath home, plus office/den in the heart of Cathedral City, perfect for a growing family. As you enter the double doors, you are presented with a gorgeous chandelier, 9 foot ceilings, and custom tile flooring throughout. The kitchen features beautiful granite counter tops, ample storage, stainless steel appliances, and a breakfast bar that leads to a spacious dining area. The gorgeous granite encased fireplace will capture your attention. The owner recently added a large enclosed backyard patio and a small side patio cover that leads off to an oversized backyard. Lots of room to add your own pool. This home was originally built in 2012 for a Residential Board and Care Facility (RCFE) including fire sprinkler and alarm system. This was never operated as a RCFE. All 3 bathrooms are equipped with handicap features. Check out this spacious home conveniently located close to shopping, restaurants, Palm Springs airport, and easy access to I-10. Some photos have been virtually staged for your viewing pleasure.
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| Jun 23, 2020 | No longer available | - | |
| No longer available | |||
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About Rancho Vista Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017