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27044 Tunnel Drive
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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 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | Price Decreased |
$600,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| May 13, 2023 | Listed by RE/MAX Lakeside | $615,000 | |
| Listed by RE/MAX Lakeside | |||
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Escape to the breathtaking mountains and make this Cool cabin your own! Nestled amongst the trees, this picturesque property boasts a charming cabin with a spacious & fully equipped guest studio. The cabin features a rustic yet modern design with open-beamed ceilings, cozy fireplace, and a fully-equipped kitchen perfect for entertaining guests. This cabin offers many updates, wood burning fireplace, updated kitchen and bathrooms plus inside laundry. This property also includes full lake rights, is rentable and has all public utilities and high-speed internet. The home is also located on a plowed & maintained road.
The guest studio offers a private retreat with its own kitchenette, living area, and bathroom. With the Guest apartment, we have a total of 4bedrooms/3bathrooms and nearly 1700sq' on a 1/3 acre forested corner lot. Imagine waking up to the sound of birds chirping, enjoying your morning coffee on the deck, and taking in the panoramic views of the surrounding forest. Walk to the Lake Arrowhead Country Club and the Grass Valley park. This cabin is being offered "turn key".. all furnished, decorated and equipped!
Whether you're looking for a peaceful retreat or a place to entertain family and friends, this mountain cabin is the perfect escape. Hiking trails, fishing, and skiing are just a short drive away, making it an ideal location for nature lovers and outdoor enthusiasts.
Don't miss out on this rare opportunity to own a slice of mountain paradise. Contact us today to schedule a viewing and start living the dream in your very own mountain cabin. The manager has listed the unit size as 1670 square feet.
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| Dec 23, 2020 | Sold | ||
| Sold | |||
| Jun 6, 2020 | Listed by Keller Williams Realty | $400,000 | |
| Listed by Keller Williams Realty | |||
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Almost 2100 Suare Feet of Living Space for Just $400k! Adorable Cottage with Separate MOTHER-IN-LAW UNIT (permitted 620 sf) Rented out Full-time for $1000/mth! Renter Will be Vacating Before the Close of Escrow, But HUGE DEMAND for Rentals (Could Probably Rent for More?) Currently Used as a Busy Vacation Rental that Brought in $32k in 2019! Great Street Access that Has Total Tranquility SITTING IN THE TREES OVER A STREAM! You've Got to See this One!! Many Recent Updates, Bedroom on Main Level, COZY & LIGHT Throughout!! Tons of Windows Bringing in the Gorgeous Pines & Cedars! Great for Full-time or Your Weekend Mountain Getaway! Comes FURNISHED w/HOUSEWARES too! Just Bring Your Toothbrush! Clear Termite on File. Ready to Go! 3 Parking Spots, So Room for All! LAKE RIGHTS!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017