304 Peninsula Drive
About This Property
waters of Lake Almanor. Open the front door to pause in a spectacular entryway with inlaid tile and look out through a great room that is
reminiscent of the Awahnee Hotel, where your gaze will be drawn to floor to ceiling windows that beckon you to the great outdoors. This 4
bedroom, 3 full bath, 4 half bath, plus loft, 4,755 sq. ft. custom home, can house the entire family with room to spare. Entertain on the spacious
deck with built-in fireplace & BBQ, or in the spectacular Great Room with soaring open beamed ceiling, floor to ceiling windows, grand fireplace,
wet bar & spectacular lake views. The open floor plan allows gourmet cooking while enjoying the views & top of the line appliances, warming
drawer, trash compactor, wine cabinet & large pantry that will please any chef. In the master suite enjoy a cozy fire on a cool night, or relax in
the jetted tub after a day of kayaking. If you need to work from home, there is nothing better than to have your own office with built-in cabinets,
large workspace & fireplace. Guests can be treated to either the ground floor guest suite with fireplace, full bath & tiled shower, or the second
story bedrooms with a kitchenette, living & dining area, fireplace & full bath. Features include AC, forced air & radiant heat, back-up generator,
electronic gate & ample room for all the toys.
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Cap Rate Calculator
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 21, 2020 | Sold | ||
| Sold | |||
| Jun 19, 2019 | Listed by Coldwell Banker Kehr/O'Brien | $2,695,000 | |
| Listed by Coldwell Banker Kehr/O'Brien | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017