2914 Lightfoot Way
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 |
|---|---|---|---|
| Sep 1, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | Listed by Mountain Realty Group | $449,900 | |
| Listed by Mountain Realty Group | |||
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Welcome to your charming log cabin in the coveted Little Valley Resort! This delightful retreat, boasting a bedroom with an ensuite bath and a sleeping loft with its own bath, offers a harmonious blend of excitement and serenity in a premier location. Nestled amidst the enchanting beauty of surrounding trees, relish the wonderful wooded view that creates a serene and tranquil atmosphere. Step inside and be enchanted by the rustic charm and coziness that log cabin living provides. The updated kitchen with beautiful granite countertops adds an elegant touch to the space, blending modern convenience with mountain allure. With a 2-year-old roof providing peace of mind, you can fully embrace the pleasures of this retreat. Beyond its charm, this cabin also presents an excellent investment opportunity. Being sold turnkey and with a successful track record as an overnight rental property, it opens the door to a rewarding investment venture while providing guests with a memorable mountain experience. As a part of the esteemed Little Valley Resort, this cabin grants you access to an array of coveted amenities. Immerse yourself in the resort's pool, clubhouse, par 3 golf course, and 18-hole miniature golf, providing endless entertainment for every member of the family. Wander along the scenic hiking trails, enjoy fishing in the stocked ponds, or engage in friendly games on the basketball, tennis, and pickleball courts. And for those seeking romance, the resort's wedding chapel sets the stage for an idyllic celebration of love. Whether you seek a cozy retreat to call your own or an investment property with both relaxation and financial potential, this cabin has it all. Experience the best of both worlds within the Little Valley Resort - where tranquility meets excitement amidst an array of resort amenities. Don't miss this captivating log cabin right next door to its charming counterpart.
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| Jun 14, 2023 | Listed by Mountain Realty Group | $496,500 | |
| Listed by Mountain Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017