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27464 Alpen Drive
About This Property
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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 |
|---|---|---|---|
| Sep 26, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by COLDWELL BANKER SKY RIDGE RLTY | $465,000 | |
| Listed by COLDWELL BANKER SKY RIDGE RLTY | |||
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Lake Arrowhead Retreat style home! Lake views from this home which is located on a beautiful residential street just a short distance from North Bay. Originally built to accommodate a multi-generational family, the house has four levels, each with a kitchen and living area, and separate entrance. It has been a wonderful church retreat and would continue to work well for that purpose or an excellent part time rental investment opportunity. Two car attached garage. LAKE RIGHTS!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017