24839 Felsen 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 |
|---|---|---|---|
| Sep 3, 2026 | Listed by REAL BROKER TECHNOLOGIES | $519,000 | |
| Listed by REAL BROKER TECHNOLOGIES | |||
| Mar 16, 2024 | No longer available | - | |
| No longer available | |||
| Feb 4, 2024 | Price Decreased |
$499,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Oct 16, 2023 | Listed by Compass | $515,000 | |
| Listed by Compass | |||
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Discover this immaculate 2009 log cabin, complete with a separate one-bedroom mother-in-law unit offering fantastic rental income potential or the ideal space for multi-generational living. This home strikes the perfect balance between rustic charm and modern comfort, featuring updated kitchens and bathrooms, a spacious deck, and lofty vaulted ceilings. There's ample parking to accommodate multiple vehicles and recreational equipment for year-round fun. Step inside to find a warm, welcoming interior adorned with wood accents and an open floor plan. The living room is graced by a beautiful gas stove, providing the perfect ambiance for cool mountain evenings. The kitchen showcases brand-new, modern appliances, abundant countertop space, and an abundance of natural light. The covered kitchen deck is an entertainer's dream, offering room for eight-person dining, large lounge chairs, a grill, and more. The main level comprises two generous bedrooms and two full bathrooms, including a luxurious master suite. Downstairs, a completely separate apartment awaits with a spacious bathroom featuring a shower and a charming butcher-block kitchen equipped with a full-sized stove and fridge. It's ready to welcome your renters, guests, or extended family. 24839 Felsen Dr is the quintessential mountain home dream! The manager has listed the unit size as 1440 square feet.
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| Jul 28, 2017 | Listed | $219,900 | |
| Listed | |||
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Beautiful newer construction real log home on over sized woodsy lot. Open floor plan single level home with dramatic vaulted ceilings, granite counter tops, wood floors, large decks and ample parking! Over sized 1/3 acre lot provides a sense of privacy and lush woodsy views. Priced to sell!The manager has listed the unit size as 960 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017