27820 Abril Drive
About This Property
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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 |
|---|---|---|---|
| Mar 1, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | Listed by Socalhomeshop Inc. | $629,000 | |
| Listed by Socalhomeshop Inc. | |||
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Situated on a corner lot with great curb appeal, 27820 Abril Drive really checks all the boxes. Upon entering through the front door, you will have a ''wow' moment with the soaring ceilings in the great room. This home feels larger than the listed square foot. You will immediately appreciate the gorgeous well maintained and cared for Travertine flooring and fireplace in main living areas. The expansive primary bedroom features a slider to your leisure area with pool and spa. The primary and guest bathrooms have been updated with quartz countertops and newer showers and tub. Both guest bedrooms have brand new carpet as well as the interior walls of the home have just been professionally painted. There are multiple updated fixtures and ceiling fans throughout the home. The kitchen showcases granite counters and has direct access to your garage. The backyard features desert landscaping, pool/spa, storage shed on side of home and an air-conditioned Tuff Shed with windows and TV. Make it an art studio, storage or Fido's home. With an HVAC system less than five years old and leased solar at 193 per month this home is very energy efficient. Minutes to downtown Palm Springs without the million-dollar price tag - this home is a smart buy! Discover the perfect blend of style, comfort, and functionality in Cathedral City.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 30, 2021 | In contract | - | |
| In contract | |||
| Jul 26, 2021 | Listed by Keller Williams Beverly Hills | $540,000 | |
| Listed by Keller Williams Beverly Hills | |||
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This is a great contemporary home on a corner lot with great mountain views and large spacious rooms, a super wide hallway and a great pitched ceiling. There is a bonus space adjacent the Living room great for a media room. Master bath has an oversized sunken shower with a skylight that brings in plenty of light with a double sink the length of the bathroom. The backyard is private and has a large salt water pool and spa. The house has solar panels -leased. The house sets back on a large 10,000 plus square foot lot with a large front lawn. This house would make a great family home or a great rental. The manager has listed the unit size as 1941 square feet.
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About Cathedral City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017