37939 Sky High Drive
About This Property
The 3,078 sq. ft. recently remodeled, open, single-level floor plan residence offers 3 bedrooms, 3 bathrooms, plus an office or den. Perfect for those wanting a casual and relaxed yet refined atmosphere, this home is for you!
The warm and inviting eat-in kitchen features a large center island, updated cabinets, beveled-tile backsplash, and large format porcelain tile floors. And of course, that amazing view to enjoy with your morning coffee!
All bedrooms, bathrooms, hallways, dining room, and office/den feature the same large format tile for a clean, easy-maintenance, stylish and seamless look.
The beautiful unobstructed views can be enjoyed from the kitchen, living room, primary bedroom and bathroom, as well as from the large sunken wet bar perfect for pouring evening cocktails and hosting your next party.
The outside pool/spa and fire pit area takes full advantage of the views, along with several areas for soaking in the sun, napping, or dining alfresco. Artificial turf and a perimeter of blooming roses and sago palms make for a low maintenance and inviting outdoor space. The outside electronic patio-cover provides excellent shelter from the sunshine or rain!
Come experience the private, secluded peace and quiet this Bear Creek Heights location has to offer. The 20,000 sq. ft lot is completely fenced. The Bear Creek Master Association membership includes 24/7 guard-gated security, tennis courts, pickle ball, bocci ball, Olympic-sized lap pool and spa facility with locker/changing rooms and well-appointed work out rooms. Shown by appointment only.
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Fairway and Ranch Realty | $1,499,000 | |
| Listed by Fairway and Ranch Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017