277 Grizzly Road
About This Property
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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.
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Listed by COMPASS | $895,000 | |
| Listed by COMPASS | |||
| Oct 1, 2025 | Listed | $924,900 | |
| Listed | |||
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Truly gorgeous 3 level home featuring 5 bedrooms and 3.5 bathrooms with Lake Rights, is ready to be made yours! Enter through a custom glass door with bear/nature design into this spacious home on the top floor with beautiful wood panel cathedral ceilings offering recessed lights, stone flooring, a floor to ceiling stacked stone fireplace and a wall of windows showcasing beautiful forest views! The living room flows into the dining area and recently remodeled kitchen with wood cabinetry offering plenty of storage space, a kitchen island forest mural plus stainless steel appliances. Both the dining area and the living room have sliding glass doors that open to the huge Trex deck with built in BBQ located on the top floor - this is the perfect space for relaxing and entertaining guests! All of the bedrooms are located downstairs on the 2nd floor including the massive primary suite with a fireplace a large walk-in closet, and a spa-like ensuite with soaking tub, separate shower, and dual sinks. There is also a hall bathroom for the 4 secondary bedrooms to share, a large laundry room, and a covered Trex deck with included Spa! Down on the 1st floor you will be able to enjoy a large game room/family which also features a fireplace and a 3rd Trex deck to enjoy! This home also features dual generators, dual HVAC systems, and attached 2-Car, extra deep, Garage and driveway parking for 2! The home is also ADA accessible! Also located not far from the lake and many outdoor activities to enjoy! The access road is serviced by the County. Schedule an appointment and come tour today!
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| Apr 4, 2025 | Listed | $939,000 | |
| Listed | |||
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Lake Arrowhead Woods property with full lake rights. Located in a quiet neighborhood on an access road. This property has served as the fulltime home for the owners since 2004. The home has 5 bedrooms 3.25 bathrooms. This 3-story home is approximately 2,880 sq ft, comes furnished, with Stiltz lift/elevator, dual Generac generators one for the HVAC system and one for the rest of the house. A laundry room on second floor localized to bedrooms, 3 Fireplaces one on each floor, dual HVACs, zoned - one unit upper level, one unit lower two levels. Kitchen has new butcher block countertop, oven, microwave, dishwasher and trash compactor were purchased new and installed in 2023, carpets were installed in 2023, exterior painted in 2023, recreation room has surround sound and pool table. The extra deep garage has 220v available for an EV charging station near the front of the garage, with second washer and dryer hook ups plus utility sink.
Home has a ring alarm system, fire sprinkler system, huge Trex decks 1st and 2nd floor, lower level concrete deck, new back retaining wall and drainage system installed in 2023, upper deck has Viking BBQ island with sink and fridge. Exterior accent lights, Spa & gutter de-icers, A Majesty valley view, especially in the winter and a very slight peak of the lake. Access road plowed and maintained by the County, the access road is scheduled to be repaired and resurfaced in 2025.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017