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Property profile & analytics
OFF-MARKET
Estimated value
$1,115,000
Apartment buildings
32531 Date Palm Dr Cathedral City, CA 92234-9141
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2860909
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2007
Construction
WOOD
Total area
5,358 SF
Lot
0.83 ac (36,154 SF)
Zoning code
R204M
APN
680-331-022
UPID
US09-2860909
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Date Palm Terrace North Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.34M
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.12M
Owner & transaction history
Douglas B Chaffee · 10 yrs held
Douglas B Chaffee
since 2016
7 recorded transactions
Zoning & alternative use
R204M · Cathedral City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cathedral City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cathedral City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,445,000
6.5%
$1,335,000
7%
$1,240,000
Blend value · Realmo final
$1.12M
Range $1.00M – $1.23M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$208 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,760
Tax year 2024
Assessed value
$1,909,155
Assessed 2024
Previous assessed
$1,909,155
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$335,404
Assessed improvement
$1,573,751
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Stories
2
Units
2
Total area
5,358 SF
Lot
0.83 ac (36,154 SF)
Zoning code
R204M
APN
680-331-022
UPID
US09-2860909
Jurisdiction
RIVERSIDE
Zoning & alternative use
R204M · Cathedral City, CA
Zoning R204M · permitted uses
R204M · Cathedral City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cathedral City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Stories
2
Units
2
Lot
0.83 ac
Current owner
From public records · entity-resolved
Douglas B Chaffee
Individual
Mailing address
315 MARION BLVD, FULLERTON, CA 92835-3528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
—
Douglas B Chaffee
—
Deed
related
$750,000 · City First Bank NA
Jun 29, 2016
$3,490,000
Douglas B Chaffee
Starcrest Us Ltd Partnership
Grant Deed
$972,000 · Broadway Federal Bank Fsb
Nov 15, 2012
$1,210,000
Starcrest Us LP
Date Palm Terrace North LLC
Grant Deed
—
Mar 15, 2007
—
Date Palm Terrace North LLC
Date Palm Terrace North LLC
Grant Deed
related
$1,350,000 · Luther Burbank Savings
Sep 14, 2005
—
Date Palm Terrace North LLC
—
Trustees Deed
related
$1,407,000 · Palm Desert National Bank
—
—
Starcrest Us LP
—
Deed Of Trust
related
$1,725,000 · Rabobank
—
—
Starcrest Us LP
—
Deed Of Trust
related
$2,272,000 · Rabobank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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