177 Peninsula Drive
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 |
|---|---|---|---|
| Mar 10, 2021 | No longer available | - | |
| No longer available | |||
| Jan 24, 2021 | Listed | $50,000 | |
| Listed | |||
| | |||
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This lake view parcel on the Lake Almanor Peninsula is ready for your custom mountain retreat. The lot is 0.31 acres in size, almost completely level, and fully cleared for building. Many pre-build tasks have been completed, including topography survey and map, corners marked, percolation test and septic design (for 3 bed/2 bath home), water meter installed, and small fence put in on southwest side. The plans for a 1478 square foot 2 bedroom/2 bathroom home are nearly complete and are available for purchase. This property also qualifies for optional membership in the Hamilton Branch Homeowner's Association, offering use of the boat launch and lakeside picnic area.
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| Jun 3, 2020 | Sold | ||
| Sold | |||
| May 10, 2020 | Listed by Coldwell Banker Kehr/O'Brien | $25,000 | |
| Listed by Coldwell Banker Kehr/O'Brien | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017