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27792 West Shore Road
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 |
|---|---|---|---|
| Aug 14, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $1,295,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
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Welcome to Lake + Pine
Tucked just off Lake Arrowhead’s coveted West Shore, Lake + Pine brings light, warmth, and lake views together in all the right ways. With level entry and a fully remodeled interior, this prow front cabin features cathedral ceilings, a statement stone fireplace, and a wall of glass that fills the space with natural light and frames the outdoors.
The main level was designed to entertain, with open living, dining, and kitchen spaces that flow out to a large deck perfect for lounging, grilling, or cozy nights by the outdoor fireplace. Thoughtfully updated with custom tile and newer appliances, the kitchen blends clean design with everyday function. Also on this level is a spacious guest bedroom with its own deck access and a full bath. Downstairs, the second living area features a fireplace, custom built-ins, and a cozy kids nook tucked under the stairs, perfect for games, movies, or a little quiet time. Two more bedrooms, a second full bath, and a laundry room with extra storage complete the lower level. Set on a quiet street just a short walk to the lake and a 10 minute drive to the Village, this is the ideal location to feel tucked away while still being close to everything Lake Arrowhead has to offer. Central AC and a backup generator add to the ease and comfort of mountain living. Currently operating as a successful short-term rental with an active permit in place, Lake + Pine offers flexibility, whether you're looking for a weekend getaway, investment property, or full time retreat, it’s ready to go.
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| Apr 24, 2025 | Price Decreased |
$1,375,000
↓ $24K
(1.7%) | |
| Price Decreased | |||
| Oct 23, 2024 | Listed | $1,399,000 | |
| Listed | |||
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This mountain-modern thunderbird style home is located on the coveted West Shore drive, just a stone's throw from the lake trail. This is the ultimate luxurious lakeside retreat, with sophisticated, Scandinavian inspired finishes throughout. The home boasts an easy approach and level entry into the main living level with a floor-to-ceiling grand rock fireplace, vaulted ceiling and a wall of glass that beckons you onto the expansive deck with a picturesque view of the glistening lake, framed by oak and pine trees, and mountain ridgeline in the distance. The kitchen features crisp clean design with newer appliances, filtered water in the kitchen sink, and artisan tile backsplash. It opens to the dining area, creating an ideal entertaining space. Also on this level, you'll find a comfortable bedroom with a slider that opens onto the deck and a lavishly appointed bathroom with soaking tub and shower. Downstairs is a versatile den space with built-in desk to accommodate a WFH situation, a cozy fireplace and mini fridge. A slider opens onto the lower patio and large backyard - excellent for snow play in the winter. The den space is flanked by two bedrooms, another beautifully designed bathroom and very practical laundry room with utility sink and built-in cabinetry. To top it all off, this home is equipped with central air conditioning, smart home features and an automatic backup generator. A favorite on Airbnb, this property has an active STR permit and a successful income history. Furnishings negotiable. This lake rights, Hygge home is everything you want in a Lake Arrowhead retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017