27981 Skyline 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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 17, 2025 | Listed by Platinum Realty Group | $440,000 | |
| Listed by Platinum Realty Group | |||
| Oct 17, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $324,900 | |
| Listed | |||
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Exceptional mountain retreat. The perfect contemporary update to the cabin on the hill. Seller spent 10 years of weekends remodeling with the greatest intentions and the highest quality materials. Every aspect of this wondrous mountain retreat is top of the line. New insulated roof, new dual pane crystal clear windows; new vanities, showers, toilets, kitchen counters, appliances, etc. Thousands in concrete driveway and block perimeter foundation. New HVAC and new water heater. Seller spared no expense as they believe they would own the home forever. Used as a weekend project house, it is time for them to move on and leave the home to a lucky, new owner. Located in beautiful Bear Valley Springs, you too can enjoy the amenities like golf, the country club, pool, lakes, equestrian center and hiking trails. Enjoy quiet time or entertaining your guests while you gasp at the views this home offers. Bear Valley Springs at its finest. The manager has listed the unit size as 1650 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017