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240 Blue Lake Road
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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.
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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 |
|---|---|---|---|
| Apr 29, 2026 | Listed by The Group Realty, Inc. | $2,550,000 | |
| Listed by The Group Realty, Inc. | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jun 4, 2021 | In contract | - | |
| In contract | |||
| May 26, 2021 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $1,200,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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First Tier, Single Slip Dock, and Minutes to the Village. This beautiful Prow home has ever been on the market before and is the ideal Lake Arrowhead mountain package. This home was built by the family that still owns it today. You have dual access and lots of parking off Hwy 173 and additional parking on Blue Lake. House sits down off Hwy and is only a few steps down to the front door, enter into that coveted open floor plan with large prow windows with high vaulted ceilings. 2 bedrooms and 1 bath on the main level, 2 bedrooms with 1 bath and a loft on the top level and a large family room with 1 bath on the bottom floor. You are caddy corner from the ALA trail and minutes to your single slip dock. 1993 Hallett boat available for extra $$$. Home has dual pane window, A/C, a newer deck, newer exterior paint and comes fully furnished! You are first tier across from the Lake Fronts and have peaks on the lake. Bring the suit case, unpack the bags and start enjoying the lake life today! The manager has listed the unit size as 2548 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017