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31393 Lightfoot Way
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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 |
|---|---|---|---|
| Mar 7, 2022 | Sold | ||
| Sold | |||
| Feb 4, 2022 | Listed by RE/MAX LAKESIDE | $393,000 | |
| Listed by RE/MAX LAKESIDE | |||
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If I could read your mind love, what a tale your thoughts could.... Wait, not that Lightfoot... Anyhow, here we have a 2 bed, 2.5 bath mountain cabin with 2 master suites, high tongue & groove ceilings in the living area and tons of deck space to take in those valley and city light views! Easy access and great location, paved & maintained county road, just 5 minutes to town, 25 minutes to the bottom of the hill, 10 minutes to Snow Valley and 20 to the Lake Arrowhead Village. All of this with easy parking just 3 steps to the front door! Schedule your showing today!
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| Sep 21, 2020 | Sold | ||
| Sold | |||
| Jun 15, 2020 | Listed by HIGHER GROUND REAL ESTATE | $285,000 | |
| Listed by HIGHER GROUND REAL ESTATE | |||
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BACK ON MARKET!! Located in Running Springs, this mountain home is the perfect getaway from the hustle and bustle of the city! Come experience the natural beauty that surrounds this view property, including pine, cedar, and oak trees. This 1,354 square foot two story home, spacious lot, with twin decks, offers the peaceful mountain lifestyle to relax and enjoy. Two master bedrooms, each with their own dedicated bathrooms, and walk-in closets, is rarely found. A spacious kitchen, separate dining room, large stone fireplace, upgraded wood trim detail around windows, ceiling fans, main level powder room, front deck, and level parking, are noticeable features. Wood tongue and groove vaulted ceilings make the main level cozy and comfortable. Refrigerator, washer and dryer are included with purchase. Fantastic location as it's close to downtown Running Springs with shopping and restaurants, Snow Valley Ski Resort and Hwy 330. Lake Arrowhead, Blue Jay and Twin Peaks are just minutes away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017