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243 Mittry Ln.
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%.
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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 |
|---|---|---|---|
| Jun 25, 2022 | No longer available | - | |
| No longer available | |||
| Jan 28, 2022 | Listed by KELLER WILLIAMS REALTY | $1,199,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Located so close & an easy walk to the beautiful Lake & Lake Arrowhead village. Listen to those wonderful Summer concerts from your Gazebo or one of many decks. Ditch the car & walk to dinner, get groceries or your mail. This home has old Lake Arrowhead charm while featuring modern updates. Currently a successful vacation rental (sold completely furnished) with 5 br & 5 ba (3 are suites). Zoned general commercial residential with Lake Rights, making this property an investors dream. Separate ADU with vaulted ceilings for your own space or sunny artists retreat? Finish the wine cellar and make a tasting room? Additional bright "A frame" attic space to add to the existing charm of this 1932 home. Tall green pines surround this vintage charmer with the most amazing rock fireplace, oh the stories it could tell. Added features include A/C, granite counters, outdoor BBQ on the entertaining patio, newer exterior paint, newer exterior stairs & railing to the balcony, 2 zone heating and A/C, 2 zoned tankless water heaters, updated plumbing, smart lock, Nest thermostat, newer roof, original wood floors yet to be unveiled, EXTRA LOT, loads of parking & an exceptional opportunity to get away and experience & enjoy Lake Arrowhead! The manager has listed the unit size as 2230 square feet.
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| May 10, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by First Team Real Estate | $499,900 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017