375 TERRACE Road
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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 23, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by MOUNTAIN COUNTRY REALTY, INC. | $559,000 | |
| Listed by MOUNTAIN COUNTRY REALTY, INC. | |||
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Welcome to 375 Terrace Road, a beautifully maintained Mountain getaway nestled in the heart of Arrowhead Woods. Just a short stroll from Lake Arrowhead Village, this home showcases maximum pride of ownership and is ready for you to move in and enjoy. Step inside to an inviting open-concept layout that seamlessly connects the kitchen and cozy living room. The kitchen features rich pine cabinetry, custom tile work, and upgraded lighting—all framed by stunning wood-beamed ceilings. Step out onto the rear-facing Trex deck—ideal for a morning coffee or afternoon barbecue. Surrounded by towering trees and crisp mountain air, it’s the perfect outdoor retreat.
This home also includes several comfortable upgrades: An operating whole-house generator, A hardwired natural gas BBQ, Beautiful stone countertops, A spacious basement with ample storage, and a fresh (professional) $20K exterior paint job.
Lovingly cared for by its current owners, this property is priced to sell due to a job relocation. Did we mention, the property is a fully functional (and permitted) STR with 5 star reviews. Don’t miss the opportunity to own your perfect mountain escape—schedule your showing today!
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| Nov 9, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2012 | Listed by Aviara Real Estate | $200,000 | |
| Listed by Aviara Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017