32
Map
247 Oak Drive
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 |
|---|---|---|---|
| Jul 14, 2026 | Listed by REAL BROKER TECHNOLOGIES | $499,000 | |
| Listed by REAL BROKER TECHNOLOGIES | |||
| Aug 30, 2022 | No longer available | - | |
| No longer available | |||
| Aug 3, 2022 | In contract | - | |
| In contract | |||
| Jun 11, 2022 | Price Decreased |
$549,900
↓ $50K
(8.3%) | |
| Price Decreased | |||
| May 26, 2022 | Listed by BLUE SKY REAL ESTATE CENTER | $599,900 | |
| Listed by BLUE SKY REAL ESTATE CENTER | |||
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The Enchanted Cottage at Lake Arrowhead is truly one of a kind. As the new Owner you could Enjoy the lake rights which provides various levels of membership amenities, which could include barbecue picnic areas, ability to register boats and use on the water, stroll the miles of scenic private trails, and fish for rainbow trout and bass from the stocked lake. As part of the beach club membership, available to lake right owners, you can enjoy complimentary chase lounge chairs, swim toys, all the while kids can enjoy the private playground areas. Tons of fun for the family! This property has been tastefully remodeled to fit the mountain lifestyle with a touch of modern living. Don't let the size fool you, this property has the feel of a larger home, with the high ceilings in the living room and the spacious kitchen, you and your loved ones are destined to enjoy your time at the lake. The property is fully furnished and ready to be enjoyed tomorrow! All new kitchen appliances, new BBQ grill still in the box, new water heater, new heating unit along with new ducts, brand new Nest thermostat, new windows and freshly painted inside and out! The drive is well worth the tour. The manager has listed the unit size as 983 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017