27536 Matterhorn Drive
About This Property
The home features a tastefully appointed dining room that flows seamlessly into the remodeled kitchen, equipped with a five-burner range, recessed lighting, and tile flooring. The living room offers wood burning stove beautiful windows to let nature in and excellent entertaining room. Convenience is key with a laundry area located just off the kitchen. A full bath on the main level adds to the home's functionality and charm. The fourth bedroom, which is on this main level is currently utilized as a dynamic game room, but could be easily converted back to a primary bedroom. Upstairs are 3 additional guest rooms which are light and bright and another bathroom. Newer furnace, tankless water heater, recently had all exterior paint finished.
Adding to the property's allure is an outbuilding with immense potential, complete with a loft. This space is ripe for transformation into a personalized office, Art Studio, a cozy "she shed", a "man cave", a charming potting barn, or a craft room. With a touch of creativity, this could become your own private sanctuary.
The home is being offered turnkey with a few exclusions. Bring the toothbrushes and start enjoying.
Just a short drive away, residents can enjoy exclusive access to Tavern Bay Beach Club and the pristine lake. The Lake Arrowhead Country Club is also within easy reach, offering various recreational opportunities.
For outdoor enthusiasts, the proximity to the national forest and its myriad hiking trails offers an endless adventure right at your doorstep. This home is not just a residence; it's a gateway to a lifestyle of peace, privacy, and natural beauty.
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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 |
|---|---|---|---|
| Oct 24, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017