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231 Crest Circle
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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%.
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Price Decreased |
$599,000
↓ $26K
(4.2%) | |
| Price Decreased | |||
| Mar 6, 2025 | Listed by Wheeler-Steffen Sotheby's Int | $625,000 | |
| Listed by Wheeler-Steffen Sotheby's Int | |||
| | |||
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MOTIVATED SELLERS - Quintessential mountain living in prime Lake Arrowhead awaits at this tasteful and serene 4BR/3BA Bavarian style home. Tucked among the trees and adjacent to the lake and Lake Arrowhead Village, this well appointed residence has all the modern amenities while maintaining original details throughout. Enter to a spacious living room with fireplace and open floor plan to the kitchen and expansive decks. The kitchen features a breakfast bar, stone counter tops and is open to a spacious dining room. Sliding doors open directly to a deck with views of infinite cedars and pines abound. The primary bedroom has gorgeous vaulted beamed ceilings and space for king bed and sitting area. An upstairs bunk room also boasts vaulted beamed ceilings and ample space for beds and playroom. The lower level feels like a completely separate enclave, 2 additional bedrooms and a full bath. Thoughtful storage with large closets can be found throughout the home. A street to street parcel created multiple accessible parking options. With easy access to the lake and close proximity to all the best local spots including restaurant, shops, The village, and much more, this mountain home is the ideal retreat!
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| Apr 9, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017