2241 Lookout Mountain 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 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
| Jun 26, 2021 | Listed by KW Temecula | $775,000 | |
| Listed by KW Temecula | |||
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Updated single-level home offers breathtaking views and privacy! This 2.6 acre property makes you feel like you are on vacation but still in close proximity to stores and the freeway. Upon entering the home, you are greeted with the spacious living room and vaulted ceilings. The family room is just off the kitchen and features a lovely fireplace, bar, and sliding door leading to the perfectly landscaped side yard. The kitchen has tons of storage, recessed lighting, and granite counters. Enjoy meals in the dining room with views of the rock waterfall outside. Spacious master bedroom with patio access. Luxurious master bath with tiled stand up shower, his/her vanities, and an abundance of closet space. Hallway leads to 2nd and 3rd bedrooms as well as guest bath and laundry room. Head out back on the Trex decking to watch the hawks soar through the sky or watch the heavenly sunsets. You've also got all of the garage space you could ever need with the attached 2 car garage and detached 2 car garage. If you need somewhere to work out, you've got the basketball court behind the detached garage! This home has a new roof, new HVAC, and paid off solar! A must see property! The manager has listed the unit size as 1908 square feet.
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| Apr 8, 2014 | Sold | ||
| Sold | |||
| Feb 16, 2014 | Listed by Rogan and Associates | $489,000 | |
| Listed by Rogan and Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017