1
Map
$420,000
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House -
Off Market
69435 Salem Road
Cathedral City, CA 92234
3 Beds
2 Baths
1,404 Ft²
$510,750
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model
About This Property
Beautiful 3 bedroom pool home in a very desirable
neighborhood close to James Workman Middle School, Sunny
Sands Elementary and Rancho Mirage High School
Unit Size
1,404 Ft²
Days on Market
52 days
Land Size
0.17 acres
Price per sqft
$299
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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Cap Rate Calculator
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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: 7 days ago (CRMLS #219058186PS)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 2, 2021 | Listed by John Kouri Real Estate | $420,000 | |
| Listed by John Kouri Real Estate | |||
| | |||
|
Beautiful 3 bedroom pool home in a very desirable neighborhood close to James Workman Middle School, Sunny Sands Elementary and Rancho Mirage High School
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| Apr 1, 2014 | Sold | ||
| Sold | |||
| Jan 29, 2014 | Listed by Coldwell Banker Realty | $229,500 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Back on the market! Buyer couldn't perform. I'll be there to answer all of your questions! Standard Sale. Not a short sale! Not an REO! 3 bedroom and 2 bath home on quiet street in Century Park in Cathedral City. Sparkling Pebble-Tec pool & Spa. Great backyard with grassy side yard. Freshly painted and new carpets. Fireplace in the family room. High cathedral ceilings. Ceiling fans in major rooms. Major rooms tiled with carpeted bedrooms. Kitchen has granite counters and backsplash. Microwave, free-standing gas stove, dishwasher, disposal and refrigerator are included. Separate inside laundry room. Wired for security system, but not connected. 2 car attached garage. There is a Home Warranty in place. There is NO HOA! Close to park, schools & shopping. This gorgeous home can be yours! The price is so right! It's YOUR move!
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Property Highlights
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cathedral City
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Listed by: Nellie Zarate, John Kouri Real Estate
Last Updated: 7 days ago
Data Source: CRMLS, MLS# 219058186PS
Last Updated: 7 days ago
Data Source: CRMLS, MLS# 219058186PS
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