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28577 Shenandoah
About This Property
Welcome to your dream alpine escape nestled in the highly sought-after, prestigious community of Arrowhead Woods in Lake Arrowhead. Offering the perfect balance of ultimate mountain seclusion and modern upscale comfort, this stunning 3-bedroom, 2-bathroom residence spans 1,820 square feet of meticulously designed multi-level living space. Dramatic, high-ceiling pro design adorned with a soaring wall of floor-to-ceiling windows that frame the tranquil, mature dogwood and pine tree surroundings. Enjoy seamless indoor-outdoor living with newly upgraded TREX wrap-around decking, ideal for outdoor dining or relaxing in the crisp mountain air. Perfect as a lucrative vacation rental, a seasonal getaway, or a peaceful full-time residence!
***Lake Rights House***
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$579,900
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by CENTURY 21 MASTERS | $599,900 | |
| Listed by CENTURY 21 MASTERS | |||
| Aug 6, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017