28454 N Bay Road
About This Property
Step inside to discover a spacious and inviting interior featuring 3 bedrooms and 3 bathrooms, complemented by a cozy game room where unforgettable memories are waiting to be made. The recently remodeled kitchen is a chef's dream, equipped with high-end appliances, sleek countertops, and ample storage space for all your culinary adventures.
Outside, soak in the breathtaking surroundings from your own private oasis. With RV parking and a huge 4-car garage, there's plenty of room for all your outdoor toys and vehicles. Plus, enjoy easy access to nearby trails and the shimmering lake, perfect for hiking, fishing, and enjoying all that nature has to offer.
Don't miss this rare opportunity to own a piece of paradise in the heart of Lake Arrowhead's majestic mountain landscape. Schedule your private showing today and start living the mountain lifestyle you've always dreamed of! Lake rights included of course.
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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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by RE/MAX LAKESIDE | $995,000 | |
| Listed by RE/MAX LAKESIDE | |||
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About Lake Arrowhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017