69840 Wakefield Road
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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$599,900
↓ $25K
(4%) | |
| Price Decreased | |||
| May 21, 2025 | Listed by Equity Union | $624,900 | |
| Listed by Equity Union | |||
| | |||
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Take a look at this perfect family home in the heart of Cathedral City! This 4 bed, 3 bath home is perfect for families with plenty of space. The converted garage was made into a suite, permits unknown. With a spacious living room and family room this home is great for entertaining. The backyard hosts a built in BBQ with a pool & Spa; perfect for those summer days. Have your agent schedule a showing before it's to late!
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| Aug 14, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017