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38998 Waterview 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 |
|---|---|---|---|
| Oct 5, 2020 | Sold | ||
| Sold | |||
| Aug 11, 2020 | Listed by Keller Williams Big Bear Lake Arrowhead | $2,725,000 | |
| Listed by Keller Williams Big Bear Lake Arrowhead | |||
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Premiere deep water lakefront home located on one of the most desirable streets on Big Bear Lake. Relax on the outdoor deck with a sunken jacuzzi tub, natural gas heaters, built in BBQ and firepit. Take in the unobstructed lake views through the moving glass wall across the entire back of this home. Completely remodeled with no reservations. Beautiful hardwood flooring throughout. Kitchen boasts 4 hammered stainless sinks, chef grade stove and refrigerator. Large breakfast bar and large dining area. Theater room. Bunk house bedroom for the gang with 2 shower bathroom. Master suite with fireplace, and moving glass deck access and direct view of the lake. Master bath with twin sinks, separate shower and freestanding jacuzzi tub. Two additional upstairs bedrooms with sliding glass doors with lakeviews and deck access. 2 Car attached garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017