31457 Circle View Dr
About This Property
The thoughtfully designed layout places the bedrooms downstairs, providing easy access to an expansive backyard. This outdoor space is ideal for entertainment, relaxation, and immersing yourself in the beauty of the surrounding scenery. Conveniently located off one of the lower-level bedrooms is a laundry area equipped with a full-size washer and dryer, along with additional storage for your convenience. This cabin has undergone significant updates, including a replaced driveway, new windows, vinyl fencing, roof, water heater, and furnace, ensuring it is move-in ready. Fully furnished and currently operating as an Airbnb rental, this property offers an excellent opportunity for passive income or can be enjoyed as a full-time residence. Its prime location provides easy access to ski resorts, hiking trails, and prime fishing locations, making it a perfect getaway for outdoor enthusiasts. Don't miss out on this unique opportunity to own a piece of rustic paradise!
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | Listed by Natasha Walker Group | $355,000 | |
| Listed by Natasha Walker Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017