28
Map
29196 Lake Brook Avenue
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%.
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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.
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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Vista Sotheby's Int. Realty | $419,000 | |
| Listed by Vista Sotheby's Int. Realty | |||
| Jul 18, 2025 | Price Decreased |
$425,000
↓ $20K
(4.5%) | |
| Price Decreased | |||
| Mar 17, 2025 | Listed | $445,000 | |
| Listed | |||
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Perched above the trees and just moments from the towns of Lake Arrowhead and Cedar Glen, this level entry vintage gem with treetop and lake views is the perfect cozy retreat. Perfect for full-time living or part-time use, this home is also a successful short-term rental with an active Airbnb license—making it a turnkey investment opportunity. Elements of thoughtfully curated and elevated design details create a unique experience. Upon entry, an oversized mudroom with terracotta floors and wall-to-wall windows provides ease of use for every season and an abundance of storage. Through the charming kitchen with oak floors and an island is the open concept and spacious living area with a cozy wood burning stone fireplace, tongue and groove pine throughout and a charming window seat among custom built-ins. Enjoy meals in the dining space with a breathtaking wall of windows and views. The first guest bedroom is tucked away with wraparound windows creating a luxurious space with extra privacy. An additional bedroom and the sweet vintage bathroom complete the first level. A gorgeous hand-built solid wood spiral staircase is a work of art in this home. This alluring piece of craftsmanship leads you to the large primary bedroom with a bay window seat open to a private patio. The outdoor space is abundant with two separate seating areas and situated on a rare double lot, the expansive open space next to the home offers endless possibilities for expansion or customization. This turnkey offering provides peaceful mountain living near numerous hiking trails, the famous malt shop, Cedar Glen Inn, Mag. Pi, Cedar Glen Fine Foods grocery and much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017