53
Map
27808 Alpen Drive
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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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 21, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Listed by COMPASS | $798,000 | |
| Listed by COMPASS | |||
| Oct 21, 2025 | Listed | $799,000 | |
| Listed | |||
| | |||
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Remodeled Lake Arrowhead home with lake rights and a two-car garage. Lake and mountain views appear from multiple rooms, and the usable backyard extends the living space outdoors. Inside, the main level brings everyone together: an updated, open kitchen with solid-surface counters, refreshed lighting, and generous cabinetry flows to the dining area, where sliders open to a covered patio for year-round use. The living room centers on a classic brick fireplace, complemented by a bay-window bench that frames the view. The versatile layout offers four bedrooms plus a loft and an adjoining bonus room currently used as a fifth bedroom. The primary suite stands out with vaulted ceilings, a floor-to-ceiling stone fireplace, a spacious walk-in closet, and lake views. On the lower level, a large recreation room features wood-beamed ceilings, space for a pool table, a wet bar, and another fireplace—well-suited for gatherings or game nights. Outdoors, a terraced, low-maintenance yard pairs with a covered patio for easy indoor-outdoor flow. Located in Arrowhead Woods with lake rights, the property sits near trails, the Village, and marina amenities. Move-in ready and thoughtfully updated, it blends mountain character with modern conveniences.
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| Jul 9, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017