274 S Lofty View 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%.
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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.
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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Mar 30, 2024 | Listed by Re/Max Big Bear | $725,000 | |
| Listed by Re/Max Big Bear | |||
| Aug 17, 2023 | No longer available | - | |
| No longer available | |||
| Jun 28, 2023 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Feb 15, 2023 | Listed by Keller Williams Big Bear | $750,000 | |
| Listed by Keller Williams Big Bear | |||
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Located in Valley View Estates with convenient access to Hwy 38 and just a short drive to all that Big Bear has to offer. This immaculate Craftsman-style home shows pride in ownership and checks all of the boxes. Covered front porch, Vaulted high ceiling entry, primary suite on main level, along with a huge modern kitchen with granite countertop, dining room, 1 full guest bathroom & 1/2 bath powder room, and laundry. The oversized 2-car attached garage will hold all the toys and vehicles. Low maintenance fabricated decking from and rear. Upstairs is the large loft/game area, and 2 more bedrooms, an ensuite bathroom & another full guest bathroom. 4th bedroom is currently being used as an office/den with no closet. Wood floors in the main living area and kitchen /dining. The spacious backyard is fenced for the kids and pets. Furnishings are negotiable per the seller's inventory. Sellers may consider carrying a first mortgage. The manager has listed the unit size as 2928 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017