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27140 Shadowcrest Lane
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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 11, 2024 | Listed by Brad Schmett Real Estate Group | $549,000 | |
| Listed by Brad Schmett Real Estate Group | |||
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SHOWS LIKE A MODEL! This pristine VIEW home features 3 BDs, 2 BAs, 1,911 sq. ft of well-designed living space! This move-in ready home awaits your personal touches. The spacious sunken living room has vistas looking northwest towards the mountains w/ the home being light & bright throughout. The efficient, bright kitchen features newer appliances w/ the dining area just steps away. The laundry room (w/ newer washer & dryer included) w/ storage & utility sink is positioned off the kitchen which leads to the 2-car garage. A sizable master BD provides a cozy retreat w/ separation between the dual sink & shower area. A walk-in closet completes the room. Two comfortable guest rooms at the front of the home look out to the neighborhood. Recent (newer) upgrades include: windows, shutters, custom window blinds (for picture window), slider door, A/C blower, HVAC ducts, electrical sockets & switches, carpet, engineered Hickory hardwood flooring, painted interior walls, cabinets & trim; painted exterior trim, backyard w/ green grass sod, flowerbeds, red pavers & in-ground sprinkler system. And, the patio room was recently enclosed creating an additional 145 sq. ft. of living space. Shadow Crest, a socially active gated community w/ only 42 homes, is well-suited for both year-round residents & snowbirds alike offering low HOA dues, a community pool, spa & tennis court. The front yards & common areas are maintained by the HOA. *Some images virtually staged for illustrative purposes only.
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| Aug 28, 2020 | Sold | ||
| Sold | |||
| Jan 16, 2020 | Listed by Keller Williams Realty | $299,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to Shadowcrest. This spacious, well cared for home has been in the same family since it was built. Only 42 homes are in this gated community & the front yards & common areas are maintained by the association. A gate with dial-in access opens to a guest parking area fronting the heated community pool & spa plus a tennis court. The home faces south, with a low maintenance rear yard. The ample sunken living room has vistas looking north towards the mountains & the home is bright throughout the day. A sizable master provides a lovely retreat with separation between the dual sink & shower areas. A walk in closet completes the room. Two guest rooms at the front of the home look out to the neighborhood. A sizable garage will delight the handyman & an enclosed patio can provide additional living space, or you can open it up & enjoy covered outdoor dining. A newer HVAC system & water heater are in the garage, & the laundry room offers additional storage & utility sink. This home awaits your personal touches but has had the systems maintained so you can spend it where it shows. This lovely community is perfect for both year round residents & snowbirds alike!
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017