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25260 Franklin Drive
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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 |
|---|---|---|---|
| Nov 21, 2022 | Sold | ||
| Sold | |||
| Oct 1, 2022 | Listed by Compass | $499,000 | |
| Listed by Compass | |||
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This unassuming mountain cabin is situated on an almost level lot boasting an amazing view - a rare combination. From the street, this humble abode can easily be missed. But once you enter the front door, you'll be oh so surprised by the meadow & mountain backdrop awaiting you. Simply beautiful. This 1145 square foot home is a single level ranch style cabin built in 1960. From the front entrance, the spacious primary bedroom with en-suite is on the left. To the right is the full guest bath and guest bedroom. The inviting living room, dining room and kitchen comprise a large great room with picture windows, vaulted ceilings & wood burning fireplace. Picture windows that truly frame the artistry of nature. An oversized back deck is perfect for entertaining with easy access from the living room. The laundry room is neatly tucked away off the kitchen with closing door to house & side entrance door. The cabin has been meticulously maintained preserving its original charm with smartly updated modern amenities. A special gem that must be seen!
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| Aug 17, 2020 | Sold | ||
| Sold | |||
| May 28, 2020 | Listed by Idyllwild Realty | $299,700 | |
| Listed by Idyllwild Realty | |||
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One of a kind Ranch Style cabin with a pride of ownership. One level 2 bedroom 2 bathroom. Open great room, high beam ceiling in the living and kitchen, large windows to take in the MAGNIFICENT VIEWS of the meadow and distant mountain views . Easy access level lot. Large deck to entertain or just to take in the beauty of your surroundings and watch the wildlife. P.S. the water district owns the meadow....what that means to you is... enjoy the beauty without the cost of maintaining the grounds.
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About Forest Lake Estates
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Last Updated: 4 months ago
Data Source: CRMLS, MLS# 219043621DA
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017