Listed by: Susan Winters-McIntosh, Bennion Deville Homes
$378,000
●
House -
Off Market
37547 Drexell Drive
Palm Desert, CA 92211
4 Beds
2 Baths
1,724 Ft²
$666,855
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Best Location! Stunning San Jacinto Mountain Views West over the
14th hole of the Marriott's Shadow Hills Golf Course! Spacious yard
has just been redone for water efficiency. Beyond the sparkling
pool w/waterfalls is a raised entertaining area w/built-in fire
pit, perfect for viewing the beautiful desert sunsets. Over back
wall is the golf course but No HOA dues! Stunning 4 bedrm home has
been tastefully updated w/designer paint, tile floors, slab
granite, stainless appliances & wood shutters. Open floor plan with
soaring ceilings, huge living & dining room plus a large chef's
kitchen w/new stainless appliances, sit down center island & sit
down prep area next to the built-in bar w/wine captain. Family room
is open to the kitchen and has a lovely stacked stone fireplace. 3
guest bedrms are located opposite of the Master suite for privacy.
Master bath has walk-in closet, double sinks & private toilet room.
Separate indoor laundry rm. This is a rare find, call today before
it's gone!
Unit Size
1,724 Ft²
Days on Market
56 days
Land Size
0.16 acres
Price per sqft
$229
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1997
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (CRMLS #216022776DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2020 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by Bennion Deville Homes | $519,900 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Opportunity to own a Move-in-Ready 4BD/2BA Primary Residence, a Vacation Getaway-or-a Fantastic Rental property located in the heart of Palm Desert, with No HOA. Premium lot, perched above the nearby Shadow Ridge Golf Course with magnificent mountain views. Once inside, you'll appreciate a spacious floor plan with vaulted ceilings, custom flooring, recessed lighting, wood shutters, a formal living and dining room, master suite, three guest bedrooms, an upgraded kitchen with granite and stainless appliances, that overlooks a large family room with a decorative fireplace. Impressive outdoor living area features a beautiful pool with sheer descent waterfall features, a raised entertaining deck and a built-in fire pit. Bonus: Close proximity to El Paseo, shopping, dining, entertainment, golf courses, movie theaters & premier healthcare.
| |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| May 16, 2018 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Fantastic 4BD/2BA home located in the heart of Palm Desert, with NO HOA. The home sits on a premium lot, perched above the nearby Shadow Ridge Golf Course. Inside you'll appreciate a spacious floor plan featuring; vaulted ceilings, custom flooring, recessed lighting, wood shutters, a formal living and dining room, master suite, three guest bedrooms, an upgraded kitchen with granite and stainless appliances, overlooking a large family room with a decorative fireplace. The outdoor living area boasts magnificent mountain views, a beautiful pool with sheer decent waterfall features, a raised entertaining deck and a built-in fire pit. Bonus: Close proximity to shopping and entertainment! The manager has listed the unit size as 1724 square feet.
| |||
| Sep 30, 2016 | Sold | ||
| Sold | |||
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About Palm Desert
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Listed by: Susan Winters-McIntosh, Bennion Deville Homes
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216022776DA
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 216022776DA
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