1
Map
$470,000
●
House -
Off Market
69814 Wakefield Road
Cathedral City, CA 92234
4 Beds
2 Baths
2,079 Ft²
$610,070
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
WOW! This spectacular, move-in ready, home has been completely
cosmetically updated! Contemporary in design, this 4 bed/3
bath compliments the natural desert landscape surrounding it.
Conveniently located in a quiet, and friendly, neighborhood (NO
HOA) in Cathedral City. This 2,079 sqft home draws the natural
light in with its many windows and sliding patio doors. The high
ceilings in the primary bedroom and great room add a special feel
to the elegant interior. The well appointed and spacious kitchen is
perfect for entertaining and dining with a gourmet island, custom
white shaker cabinets, granite counter tops, custom tile back
splash, and brand new stainless steel appliances. The Great Room
features a gas fireplace with stone work and is ready to hang your
big screen TV. Recessed LED lighting and ceiling fans throughout
the house. Photos are virtually staged with furniture.
Unit Size
2,079 Ft²
Days on Market
23 days
Land Size
0.18 acres
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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: 4 months ago (CLAW #21678550)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Coldwell Banker Realty | $479,600 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cathedral City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Madison OBrien, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 21678550
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 21678550
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