70341 Chappel Road
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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 |
|---|---|---|---|
| May 2, 2025 | Listed | $850,000 | |
| Listed | |||
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Nestled in the peaceful Tamarisk neighborhood of Rancho Mirage (No HOA fees), this beautifully maintained 2-bedroom, 2-bath residence offers the perfect blend of comfort, style, and functionality.Step through double doors into a welcoming foyer with a convenient coat closet, setting the tone for the thoughtful layout throughout. The spacious living area features a cozy fireplace and flows seamlessly into a bright, modern kitchen outfitted with crisp white cabinetry and newer appliances--ideal for both everyday living and entertaining.The primary suite stands out with its custom ceiling detail, tasteful accent colors, and a well-appointed en-suite bath featuring dual vanities and a generous walk-in tiled shower. Additional highlights include direct access to a 2-car garage with an automatic opener, pedestrian side door, and ample storage space.Step outside to your private backyard oasis, complete with a sparkling pool, resurfaced textured decking, and drought-tolerant landscaping for low-maintenance outdoor living. A rear storage shed adds even more versatility.This unfurnished home is move-in ready--don't miss the opportunity to own a slice of Rancho Mirage tranquility. Schedule your private showing today!
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| Dec 30, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Nov 12, 2024 | Listed by Coldwell Banker Realty | $750,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 9, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017