28591 Wabash Drive
About This Property
This enchanting home comes with full Lake Rights and is surrounded by towering pines and hiking trails, making it an outdoor lover's dream. Nearly level entry with a gated, extra-long driveway offers room for your boat, RV, or weekend toys, while the oversized two-car garage provides tons of storage for all your gear. Only a few gentle steps lead to a charming covered front porch - the perfect perch for morning coffee.
Inside, the sun-soaked living room is both cozy and expansive, framed by picture windows and anchored by a classic stone fireplace. Just off the main living space, you'll find a dreamy home office with French doors - ideal for remote work or easily transformed into an extra guest room. The dining area opens to a kitchen filled with warm knotty pine cabinets, exuding rustic charm and function.
Step out back to your private fenced yard, where a concrete patio and grassy lawn offer the perfect backdrop for summer evenings under the stars, lawn games, or roasting marshmallows.
Upstairs, you'll discover three serene bedrooms and two bathrooms. The spacious primary suite is a retreat in itself, featuring a walk-in closet and a private en suite bath with dual vanities.
Whether you're looking for a full-time haven, a part-time escape, or a vacation rental with character and charm, The Trailside Hideaway invites you to embrace the mountain lifestyle in comfort and style.
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Oct 5, 2025 | Price Decreased |
$650,000
↓ $45K
(6.5%) | |
| Price Decreased | |||
| Aug 5, 2025 | Price Decreased |
$695,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Lake Arrowhead
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017