289 Flower Drive
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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%.
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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.
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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 27, 2023 | Sold | ||
| Sold | |||
| Sep 30, 2023 | Listed by COLDWELL BANKER SKY RIDGE REALTY | $675,000 | |
| Listed by COLDWELL BANKER SKY RIDGE REALTY | |||
| Sep 28, 2023 | No longer available | - | |
| No longer available | |||
| Aug 3, 2023 | Listed by Think Boutiq Real Estate | $710,000 | |
| Listed by Think Boutiq Real Estate | |||
| | |||
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This Lake Arrowhead home is a perfect blend of vintage charm & modern updates. With 3 bedrooms & 2 bathrooms, this home offers plenty of space for your family & guests. Whether you're looking to enjoy winter activities like skiing or relaxing on the lake during the spring & summer, this home has it all! The property features stunning grounds with beautiful landscaping, providing privacy for your enjoyment. The gated driveway & fenced rear yard add an extra layer of privacy & security.
Upon entering the home, notice the stylish, rustic & custom built timber porch providing shelter as you walk into the spacious mud room/laundry room on the lower level, perfect for storing ski equipment or wet beach towels. This level also includes a storage/wine/extra bedroom with ample closet space. There is also a lovely wood-paneled bedroom with views of the surrounding forest & a large stone-countered bathroom with a walk-in shower, across the hallway.
The main floor offers a large open space that seamlessly connects the living room, family and dining area. The brand new laminate flooring adds a fresh touch to the level. You'll find another bedroom en suite with vintage wallpaper & a full-sized bathroom for added privacy. The bedroom features another large window to take in the scenic views.
A ladder leads up to the loft, serving as the 3rd. bedroom. This fun & unique space features stained glass windows, a new railing & gate for security, and speakers for a sound system. Stay warm in the winter with cozy fires in the living room & dining area. A new mini-split unit is installed in the living area, providing both heating & cooling for the entire space.
The brand new kitchen is a standout feature of this home, with wood countertops, textured white shaker cabinets, & custom hardware. You'll also appreciate the stainless steel range & range hood & the restored vintage turquoise refrigerator. For convenience, there is also a new dishwasher as well.
Step out onto the massive deck & enjoy a peek-a-boo view of the lake and surrounding forest. The waterproof deck has been completely rebuilt & includes a large storage unit below with electricity. Other updates include- a new hot water heater, & trashcan storage housing to keep the critters out, generator and more.
Located just moments away from the lake & within walking distance to the village, this home offers the perfect combination of convenience and tranquility... with lake rights & fully furnished! The manager has listed the unit size as 1744 square feet.
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| Aug 14, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017