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28679 Shenandoah 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 |
|---|---|---|---|
| Feb 28, 2025 | Listed | $625,000 | |
| Listed | |||
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This beautiful mountain retreat, nestled in the picturesque surrounding of Lake Arrowhead is move-ready offering the perfect opportunity to enjoy the beauty of the area! The spacious two-story home includes lake rights and features three bedrooms, one on the main level and two on the lower floor providing versatile living arrangements. Each floor has its own entrance and both levels boast expansive decks that offer stunning views and plenty of privacy. Ample parking adds convenience for both residents and guests. Adjacent lot is also available for sale, presenting a great investment opportunity for personal use or short-term rental. Located just minutes from the lake, Lake Arrowhead Village, and a variety of excellent dining options this property provides the ideal of peaceful seclusion.
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| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Dec 15, 2021 | Sold | ||
| Sold | |||
| Nov 2, 2021 | In contract | - | |
| In contract | |||
| Nov 1, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017