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27673 Matterhorn 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 |
|---|---|---|---|
| Mar 17, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | Listed by American Heritage Realty | $925,000 | |
| Listed by American Heritage Realty | |||
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Owner may carry up to $600,000 at 6% for 5 years!! Perfect rental opportunity while still enjoying your mountain retreat! Come see this large furnished mountain home with nearly 3,000 square feet, convenient level access, 2-car garage with automatic roll-up door, room to park 5 cars, and beautiful views of Lake Arrowhead and the surrounding mountains. Enter the home through custom double doors and enjoy a 3-level floor plan that is made up of 2 separate kitchens, 5 bedrooms, 3.5 bathrooms and can sleep 11+ people comfortably or two separate families at one time! The upper level consists of a primary suite with king bed, walk-in closet and private bath with dual vanity, & large shower, 2 additional bedrooms with full size beds, full hall bath and separate office area with desk. The middle level boasts a large living room, bar area with storage & wine cooler, custom fireplace with embedded arrowhead, separate dining area, half bath, large open kitchen and laundry area with linen/utility cabinets. The lower level offers 2 bedrooms, 1 full bath, a complete separate kitchen, large living room currently set up as a game room with fireplace, pool table and video games, laundry area and separate access. The home was nicely renovated with many upgrades in 2007 including all new copper plumbing, two HVAC systems, dual pane windows, sliders and more. All 3 levels have separate access to a large Trex deck that allows for spectacular views of the lake, 4th of July fireworks, mountains and surrounding forest. Unique to the mountains, you will also enjoy a large useable back yard with flat area that could be used for a fire pit or play spot and an above ground spa under a gazebo. This great location has street-to-street access to loads of walking trails and is a short drive to all that Lake Arrowhead has to offer such as the lake itself, the village, Lake Arrowhead Brewery, Lake Arrowhead Country Club, The Beach Clubs and so much more. This ultimate mountain getaway has full Lake rights and is also licensed and approved for the perfect Air B & B money maker! Don't miss your opportunity to own a piece of paradise in a beautiful and safe community!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017