33
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388 Primrose Circle
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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 |
|---|---|---|---|
| Aug 21, 2026 | Price Decreased |
$1,325,000
↓ $70K
(5%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$1,395,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Dec 15, 2025 | Listed by KELLER WILLIAMS LAKE ARROWHEAD | $1,495,000 | |
| Listed by KELLER WILLIAMS LAKE ARROWHEAD | |||
| Apr 29, 2025 | Listed | $1,495,000 | |
| Listed | |||
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Meet Primrose Lodge! A luxury mountain getaway built in 2022 and designed with hosting in mind. Just two minutes from Lake Arrowhead Village and a short walk to the lake, this 6 bedroom, 5 bath home blends elevated comfort with laid back mountain living.
One of the best parts? A level driveway, one car garage, and easy level entry straight into the main living space (no stairs needed). Inside, you’re welcomed by a spacious open layout with high end finishes throughout: quartz countertops, European style cabinetry, stainless steel appliances, a large kitchen island, and curated mountain inspired decor. The main level features a fully stocked gourmet kitchen, cozy living room with views of the pines, fireplace, dining area, expansive deck, and a primary suite.
Downstairs offers just the right amount of extra space with a bonus living room, two guest bedrooms connected by a full bath, and another spacious deck with a fire pit, perfect for chilly mountain evenings.
The bottom level includes an additional primary suite plus two more bedrooms with a shared full bath. All six bedrooms are thoughtfully furnished with comfort and ample closet space in mind. The bathrooms feature ceramic flooring, quartz countertops, high end fixtures, hardwood cabinetry, and luxury quality towels and toiletries.
Primrose was made for entertaining, indoors and out. With two large decks, lounge seating, outdoor dining, fire pits, and a BBQ, it’s the ultimate mountain getaway.
Other key highlights include two A/C units covering all three levels, dual laundry rooms, an EV charger, and parking for up to four vehicles.
With lake rights, a strong rental history, an easy walk to the Village and lake, and being sold fully furnished, Primrose is ready for its next chapter. Whether that's a weekend getaway, full time escape, or income producing investment.
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| Jan 2, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017