Listed by: Repeka Mazmanian, Weichert Realtors-Preferred
$515,700
●
House -
Off Market
69398 Serenity Road
Cathedral City, CA 92234
3 Beds
3 Baths
2,660 Ft²
$984,947
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
This gorgeous house was the builder's own custom estate.Bright and
airy 2,660SqFt of space offers 3b/3b plus a large den with
spectacular 11ft high ceilings,formal dining room and living
room,family room off the kitchen with marble fireplace,chef's
kitchen with granite countertops,solid oak cabinets,huge breakfast
bar area built in desk,island with hanging stainless steel bakers
trapeze,custom built-in refrigerator,wine refrigerator,and big
walk-in pantry.The house was custom painted inside and out,custom
windows,ceiling fans and surround system thru-out.The amazing
master suite has a big walk in closet,custom paint,cove lighting,
spa tub with separate shower with custom tile work,separate
dressing area and direct access to an enchanting back yard with
breathtaking mountain views. This paradise has a lagoon style salt
water pool with raised commercial spa and waterfall features
surrounded by Quartzsite decking and custom BBQ.Covered patio is
pre-wired for TV and has a surround sound.
Unit Size
2,660 Ft²
Days on Market
69 days
Land Size
0.21 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
$130
Year Built
2000
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #214015676DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2014 | Sold | ||
| Sold | |||
| Apr 22, 2014 | Listed by Weichert Realtors-Preferred | $529,900 | |
| Listed by Weichert Realtors-Preferred | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Cathedral City
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Listed by: Repeka Mazmanian, Weichert Realtors-Preferred
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214015676DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 214015676DA
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