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300 Terrace Road
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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 |
|---|---|---|---|
| May 30, 2024 | No longer available | - | |
| No longer available | |||
| May 17, 2024 | Relisted | $679,000 | |
| Relisted | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by Coldwell Banker Sky Ridge Realty | $679,000 | |
| Listed by Coldwell Banker Sky Ridge Realty | |||
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This 1938 cabin is a quintessential Lake Arrowhead vintage charmer perched atop a 1/4 acre corner lot. A pebbled path, lined by cedar trees, leads up to the front porch. Upon entry, you're welcomed by a spacious living room with a vaulted ceiling and majestic original stone fireplace. The picture window frames the filtered lake view perfectly. Down the hall is a full bathroom, a bedroom and the kitchen with a cozy dining nook and vintage oven. The back door opens to an inviting back deck and near-level backyard with a fire pit area. Upstairs is a den, innovatively set up as a TV room, and the most adorable bunk room. There is also a quaint half bathroom on this level. The single car garage is located below the home, at street level and serves as a workshop, storage & laundry room. Located within close proximity to the lake and Arrowhead Village, this property does have lake rights. Upgrades include a tankless water heater, Sonos sound system throughout, newer plumbing (upgraded 2023) & smart thermostat. This darling cabin evokes a sense of nostalgia and will transport you to an era gone-by. It truly encapsulates Lake Arrowhead's illustrious history and is a must-see property. The manager has listed the unit size as 910 square feet.
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| May 11, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017