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304 Lake Knoll Drive
About This Property
This Beautifully Remodeled Home Is Turnkey Ready With New Paint Inside and Out, New Flooring, Fixtures, An Updated and Expanded Kitchen with Timeless Quartz Counter Tops & Island, Large Dining Area, 2 AC Units, New Generator & Roof, An Attached Epoxy Floored Garage with New Garage Door, New Fully Sprinkled Landscape, and Best of All, Includes a Half Double Dock & Pier in Deep Water Just Below Home With Easy Access, a Swimming/Fishing Area in a Park Like Setting. The Modern Mountain Ambiance is Light and Bright Enhanced With Curated Furnishings & Decor, 2 German Schmier Mason Fireplaces, Extensive Windows, Indoor/Outdoor Decking Areas Overlooking Lake and Tree Views. 5 Bedrooms Include a Newly Added Master Suite with Soaring Ceilings, a Full Bathroom Suite with Oversize Walk In Shower and Large Walk In Closet. The Bedroom on Main Level Was Previously A Den so is An Optional Space. Simply Incredible Pride of Ownership and Detail. Rainbow Point Is Home to Some of Lake Arrowhead's Most Prominent Residences and Offers Convenient Access to Shopping, the Country Club, and Dining. With Virtually Level Entry This Home is Designed for Full-Time or Vacation Living and is Truly is Very Low-Maintenance With A Gated Side Yard for Fido and A Sprinklered Rose/Garden. If You Are Seeking A Ready To Go, Charming Yet Elegantly Understated Home-This One Speaks Volumes! Location, Location and Much More!
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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 |
|---|---|---|---|
| Jun 18, 2026 | Listed by Vista Sotheby's International Realty | $2,495,000 | |
| Listed by Vista Sotheby's International Realty | |||
| Feb 3, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | In contract | - | |
| In contract | |||
| Nov 5, 2022 | Price Decreased |
$1,395,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Sep 17, 2022 | Listed by HK Lane Real Estate | $1,495,000 | |
| Listed by HK Lane Real Estate | |||
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* Lakeside Living with a Nantucket Vibe, Located in the Gated Community of Rainbow Point, Right Above Lake Amongst the Pines, This Charming and Easy to Be Home Features a Well Designed Split Level Floorplan With a Deep Water Dock An Easy Walk Away! Enjoy Turnkey Pride of Ownership Delivering The Ability to Bring Your Toothbrush, Not Your Paint Brush, and Enjoy The Moment and Memories Without Delay. Rainbow Point Presents Some Of Lake Arrowhead's Most Prominent Homes, Well Located Access to Shopping, Country Club, and Dining. Mountain Level Entry With Attached Two Car Garage and Additional 3 Plus Car Parking and You've Arrived! Entering with a Light and Bright Skylit Entry, Customized With Fabulous Window Box Seating & Storage, Accented With Brick Flooring for Non Slip Entry. Heart Warming- An Authentic Nantucket Charm With Touches Of Transitional Mountain that Include Vaulted Cedar Wood Tongue and Groove Ceilings, Custom Brick Mason Work, Distressed Hardwood Flooring, With an Abundance of Custom Windows. There is a Casual and Comfortable Feel that Brings You to Relax Mode the Moment You Arrive. With a Well Designed Split Level Floorplan, Get Comfy in A Cozy Den With Brick Wood Burning Fireplace or Gather Around in the Adjacent Spacious Family Room, Also With Fireplace, that Opens to a Country Style Kitchen Featuring Custom Cabinetry, Center Island, Breakfast Bar, Stainless Steel Appliances with Open Attached Dining Room, All Providing Easy Flow for Family and Friends, Multiple Doors Lead to Well Maintained Decking Expanding Living Areas on Both Upper and Lower Levels, The 3 Generously Sized Bedrooms Include a Master Bed & Full Bath Suite With Dual Vanities, Walk In Shower, Oversized Spa Tub, and Walk in Closet. The Additional Guest Rooms Also Spacious, Light & Airy, With Full Bath and Access to Lower Level Decking. Designed for Full or Vacation Living, A Great Commuting Location, Low Maintenance with Drought Friendly Landscape and Rose Garden! An Incredible Lakeside Value, Incredible Location, with Incredible Furnishings Neg. and Includes Incredible Deep Water Half Double Dock In a Coveted Leeward Position! And Now With This Hefty Price Drop, You Can Be Here for the Holidays for Your Own Hallmark Christmas! The manager has listed the unit size as 2292 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017