37 Cabernet
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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Listed by Equity Union | $929,000 | |
| Listed by Equity Union | |||
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by Keller Williams Luxury Homes | $799,500 | |
| Listed by Keller Williams Luxury Homes | |||
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IF THE SETTING matters, then these 180-degree mountain views including San Jacinto and the Santa Rosa range are sure to DELIGHT! And check out the black-bottom lap pool and spa with waterfalls, thoughtful landscape design with orange, lemon, lime trees, and OWNED SOLAR! Entertain around the outdoor cooking island with fun counter seating, built-in gas grill and separate burners by Alfresco Grills. Indoor-outdoor flow is a highlight thanks to a sleek "open-corner" sliding glass door system where living and dining areas meet up with an oversized covered patio. The "Sanctuary" model's chef-inspired kitchen features a large island with "zero-radius" sink, stylish finishes and walk-in pantry. Adjacent dining with new picture window in place. Bedrooms enjoy a nice separation with the ensuite Primary looking out to South-facing views through its new upgraded slider. There's a walk-in shower with bench and clerestory window, dual vanities, and walk-in closet. Guest Bedroom #2 is positioned on the opposite end of the home and features an adjacent full bath with walk-in shower and the clerestory window as well. The den/office SPARKS JOY with its handsome bookcases and cabinets. Nearby laundry room and direct access to the 2-car garage with epoxy flooring underfoot. Talking big picture, Del Webb Rancho Mirage is an amenity-rich 55+ community in one of the desert's most desirable zip codes. Clubhouse, fitness center, tennis, pools built for exercise classes and laps, bocce, pickleball, putting green, and walking trails. Low HOA dues too! Take the Matterport VIRTUAL TOUR of 37 Cabernet and then motor over for a closer look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017