27391 Alpen Drive
About This Property
This fully furnished mountain home boasts 6 bedrooms and 3.5 baths, providing ample space for family and guests. Upon entry, you're greeted by a cozy living room featuring a fireplace, a spacious deck for BBQ, and a outdoor space to enjoy the tree view. Adjacent is a dining room and a well-appointed kitchen, ideal for hosting gatherings. The lower level offers a spacious family room with another fireplace and a convenient wet bar for entertaining. The master suite on this level includes access to a deck, along with three additional bedrooms.
Two more bedrooms on the lower level, accessible from both inside and outside, provide flexibility for guests or extended family members.
Enjoy the tranquil setting of the gently treed backyard, offering a serene space for relaxation and outdoor activities.
This property, meticulously maintained with pride of ownership evident, is hitting the market for the first time in 32 years. Don't miss the chance to own this slice of mountain paradise.
An adjoining 1/4-acre vacant lot is available for purchase for expansion or added privacy. Buyers are given the first right of refusal, making this an attractive opportunity.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Apr 18, 2024 | Listed by RE/MAX LAKESIDE | $849,000 | |
| Listed by RE/MAX LAKESIDE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017