69306 Vera 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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | Listed by The Firm Brokerage | $460,000 | |
| Listed by The Firm Brokerage | |||
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Step into the charm and elegance of this beautifully designed Spanish-style home, where classic details meet modern convenience. This 3-bedroom, 2-bathroom gem showcases timeless architectural features, including vibrant stained glass windows and warm Saltillo tile flooring that flow seamlessly throughout the home.The kitchen features a vibrant tile backsplash, stainless steel appliances, and an abundance of natural light streaming in from multiple areas of the home.The backyard features ample room for entertaining, an outdoor wood burning fireplace, and stunning views of the San Jacinto Mountains. Other major conveniences include a brand-new HVAC system and furnace, new garage roof, new washer / dryer, included spool, no HOA fees, and the benefit of Fee Land!Centrally located, this home provides easy access to schools, dining, shopping, and entertainment options. Don't miss the opportunity to own this unique and inviting home in one of the most sought-after neighborhoods!
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017