27155 Shadowcrest Lane
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
| Jul 19, 2021 | Listed by Redfin Corporation | $429,000 | |
| Listed by Redfin Corporation | |||
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Shadow Crest Home - Located within an exclusive gated community of 42 properties of the Rio Vista neighborhood. Low HOA dues entitle residents to community heated pool, spa, & tennis court access along with front yard maintenance. The interior is upgraded, single-level, & sold furnished! Upon entering, see a spacious interior with open concept design. 4 bedrooms with 2 having ensuite bathrooms, walk-in closets, & sliding door access to backyard. It is spacious & flat - well positioned for private pool or putting green. Charming desert landscaping provides character with low maintenance. All bedrooms have lock & key allowing easy 90-day minimum rentals to traveling nurses & in-season golf professionals. Home is perfect for vacation & full-time living too. While found in Cathedral City, property is a minutes' drive time to Palm Springs. Nearby are Desert Regional Medical Center, Palm Springs International Airport, Downtown Palm Springs, Agua Caliente Casino, Empire Polo Grounds - Location of Coachella & Stagecoach Music Festivals, & much more! The manager has listed the unit size as 1950 square feet.
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| Jul 2, 2021 | Listed by Redfin Corporation | $429,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Shadow Crest Home - Located within an exclusive gated community of 42 properties of the Rio Vista neighborhood. Low HOA dues entitle residents to community heated pool, spa, & tennis court access along with front yard maintenance. The interior is upgraded, single-level, & sold furnished! Upon entering, see a spacious interior with open concept design. 4 bedrooms with 2 having ensuite bathrooms, walk-in closets, & sliding door access to backyard. It is spacious & flat - well positioned for private pool or putting green. Charming desert landscaping provides character with low maintenance. All bedrooms have lock & key allowing easy 90-day minimum rentals to traveling nurses & in-season golf professionals. Home is perfect for vacation & full-time living too. While found in Cathedral City, property is a minutes' drive time to Palm Springs. Nearby are Desert Regional Medical Center, Palm Springs International Airport, Downtown Palm Springs, Agua Caliente Casino, Empire Polo Grounds - Location of Coachella & Stagecoach Music Festivals, & much more!
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017