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31438 Overhill Drive
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%.
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | Listed by HOMEQUEST REAL ESTATE | $429,000 | |
| Listed by HOMEQUEST REAL ESTATE | |||
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Welcome home to one of the most sought after neighborhoods in Running Springs. This fully furnished turn key home has been well cared for, tastefully decorated, and is ready for the new owner. Level parking for up to 3 cars leads to an open floor plan with a beautiful living room, dining area and updated kitchen. A pleasant half bathroom is on this level, as is a dramatic private deck, high in the trees, overlooking the spacious yard. There is a newer roof, upgraded gutters, newer windows with plantation shutters, automatic back up generator, security system (Blink), furnace with smart thermostat (Nest), water heater, washer and dryer, refrigerator, dishwasher and garbage disposal. Downstairs are two bedrooms and a completely remodeled bathroom, with nice tile work and a spacious walk in shower. A glass panel door with sidelines in the master bedroom leads to the middle deck overlooking the backyard. Extensive work on the grounds have created a garden area, multiple paths, retaining walls, and level parking along with a shed containing a newer snowplow and firewood. There is a ready to be finished sauna next to the house and a nice bonus room (office? studio? use your imagination) in the back. the basement/buildup has a workshop space and ample storage. The two man kayak and all the other equipment is included, as is all the deck furniture on all decks. In back is the spacious lower deck, overlooking the fenced backyard. Enjoy the convenience of highway proximity (18 & 330) while you relax in the fresh air amongst the pines and oaks, home to a wide variety of wildlife. Running springs offers a wide variety of restaurants and bakeries. Very close to Green Valley Lake and the Keller Peak Exploration Trail, along with Snow Valley Mountain Resort offer a large selection of activities for everyone. This is the mountain home you've been waiting for!
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| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by RE/MAX LAKESIDE | $325,000 | |
| Listed by RE/MAX LAKESIDE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017