39380 Clearwater Drive
About This Property
Absolutely stunning Views!!! This home is a lovely 3 story log cabin nestled in the beautiful Oak Glen mountain. Walk into a lovely large living room and a cozy sun room. The kitchen is just the right size and compliments the style of the home with beautiful knotty pine cabinetry and offers island bar style seating area. The dining room is just the right size to host holiday meals and gatherings. The upper level boasts 3 huge bedrooms and 2 bathrooms. There is a full bathroom on the main level. Come and experience the log cabin feeling throughout the whole home with accents of the logs in every room. Downstairs, you will find a gorgeous room with wall to wall closets (approx 350 sq ft, assessor records state 4 bedrooms).
Your front door is a lovely porch to enjoy the mountain views. There is a two car attached garage with a detached garage/ shop fitting up to 4 cars, beautiful trees surrounding the 25,000 square foot property. Come take a look, this is a Gem that won't last long!
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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 |
|---|---|---|---|
| Mar 8, 2019 | Sold | ||
| Sold | |||
| May 22, 2018 | Listed by CENTURY 21 LOIS LAUER REALTY | $475,000 | |
| Listed by CENTURY 21 LOIS LAUER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017