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115 John Muir Road
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 |
|---|---|---|---|
| Oct 11, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Wheeler Steffen Sotheby's Intl Realty | $725,000 | |
| Listed by Wheeler Steffen Sotheby's Intl Realty | |||
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Lakeside living available for the first time! This first tier mid-century modern cabin sits on the coveted John Muir Rd in The Palisades neighborhood of Lake Arrowhead. Just a stones throw to Orchard Bay, enjoy the quietness of this spacious home among the mature pines. With a layout like you have never seen before, this house is perfect for entertaining and gathering during each of the mountains unique seasons. Enter the home off the front deck into a mudroom and living room with expansive picture windows and large brick fireplace. Beyond you will find an exceptionally large kitchen with an eat at bar that opens to a den with vaulted ceilings, a 2nd fireplace and sliding glass doors giving access to a flat but tree filled backyard. The main level also boasts a bedroom, full bath and direct access down to the garage. Upstairs you will be living in the treetops with two very large bedrooms and an additional full bath. Reminiscent of when it was built, this home is ready for a new life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017