25776 Scenic Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 14, 2022 | No longer available | - | |
| No longer available | |||
| Oct 18, 2022 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 20, 2022 | Price Decreased |
$475,000
↓ $20K
(4%) | |
| Price Decreased | |||
| May 26, 2022 | Price Decreased |
$495,000
↓ $30K
(5.7%) | |
| Price Decreased | |||
| May 14, 2022 | Listed by Idyllwild Town Real Estate | $525,000 | |
| Listed by Idyllwild Town Real Estate | |||
| | |||
|
The "Cozy Cabin" is located in desirable Fern Valley, a five min drive to the center of town, close enough to walk yet far enough away to enjoy the peace and quiet of the forest. It has a large front deck for entertaining and gorgeous sunset views. The charming living room has a large wood burning fireplace, perfect for those cozy mountain evenings. The galley kitchen has been remodeled with granite countertops, new hardware and additional island seating. Down the hallway are two bedrooms and an updated full restroom, including a utility closet with a stackable washer and dryer. The main bedroom has French doors to a small deck in back. There is a large, private, fully fenced backyard with four hammocks for just lying around, stargazing, or just enjoying the peace and quiet. Upgrades in the previous year or two include a new water heater, storm windows, restroom and kitchen hardware, new ceiling fan, electrical system updates, backyard sprinkler lines and new septic leach lines added in August 2020. Close to hiking trails! The home has been a successful vacation rental and comes fully furnished and ready to go. The manager has listed the unit size as 1000 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017