24048 Altdorf Drive
About This Property
Over 3200sq' AND a 1bdrm ADU or could be an incredible game-room and/or theatre room or double game room or home office & gym or or or... You're going to be amazed from the moment you walk in with the wood-vaulted ceiling, all the windows and the floor-ceiling 2-way wood burning fireplace! Enjoy 2 living areas or make one the "Billiards room" (why not??). Open floor plan with gorgeous kitchen in between dining nook and family room on the other side (or that could be an XL dining area for the whole crew.. opens out to 1 of 2 huge decks (900sq' of outdoor living space). Kitchen has awesome picture window to enjoy the forest views! Wait till you enter the master-retreat.. More then enough space and gorgeous spa-bath with spa-tub and custom walk in shower. Not done yet... Lower level features the 1-bdrm apartment with separate entrance! 2-family living or whatever you could possibly imagine. Don't forget the large green house (who needs to pay these crazy food prices.. grow your own!). All of this on a plowed/maintained road with public utilities & high-speed internet. Located just 1 mile to the Lake and the Awesome Goodwins "super" market with Juice bar, soda bar, home-made chocolates, Pizza and summer grill! If you need to head down the hill.. your just a 15 minute drive to the freeway. The facts are that this is by far the best value on the market.. At just $185/sq'.. this is the best priced house with garage and at this price/sq'. There are only 2 other homes in all of Crestline under $200/sq', one of them is $49k more and the other is 30% smaller and a fixer. This is incredible property and the price is the best you can get!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | Relisted | $590,000 | |
| Relisted | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Relisted | $590,000 | |
| Relisted | |||
| Jun 4, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017