43
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109 MILL POND
About This Property
vistas of the lake, extending all the way to Mt. Baldy. Set within the prestigious Mill Pond gated community, this area is known for its scenic beauty and secure, serene atmosphere. The property includes coveted lake rights for exclusive access to private Lake Arrowhead. Underground utilities preserve the pristine landscape in Mill Pond, while paved and maintained roads ensure easy year-round access. Surrounded by trees and immersed in four seasons of natural splendor, this parcel is an ideal canvas for your vision.
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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.
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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 |
|---|---|---|---|
| Nov 11, 2025 | Listed by Berkshire Hathaway HomeService | $160,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Oct 6, 2025 | Listed | $160,000 | |
| Listed | |||
| | |||
|
Panoramic lake views meet unmatched privacy and design freedom. Located just 5 minutes from Lake Arrowhead's south shore, this vacant parcel offers sweeping vistas of the lake, extending all the way to Mt. Baldy. Set within the prestigious Mill Pond gated community, this area is known for its scenic beauty and secure, serene atmosphere. The property includes coveted lake rights for exclusive access to private Lake Arrowhead. Underground utilities preserve the pristine landscape in Mill Pond, while paved and maintained roads ensure easy year-round access. Surrounded by trees and immersed in four seasons of natural splendor, this parcel is an ideal canvas for your vision.
| |||
| May 7, 2025 | Price Decreased |
$199,000
↓ $51K
(20.4%) | |
| Price Decreased | |||
| Mar 1, 2025 | Listed | $250,000 | |
| Listed | |||
| | |||
|
Panoramic lake views meet unmatched privacy and design freedom. Located just 5 minutes from Lake Arrowhead's south shore, this vacant parcel offers sweeping vistas of the lake, extending all the way to Mt. Baldy. The property includes coveted lake rights for exclusive access to private Lake Arrowhead, as well as plans for an over 5,000 sq ft residence. Set within the prestigious Mill Pond gated community, this area is known for its scenic beauty and secure, serene atmosphere. Underground utilities preserve the pristine landscape in Mill Pond, while paved and maintained roads ensure easy year-round access. Surrounded by trees and immersed in four seasons of natural splendor, this parcel is an ideal canvas for your vision.
| |||
| Jul 29, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017